Anxiety over the possibility of an economic recession continued to fade
The Conference Board's consumer confidence index rose to 102 from 99.1 in October
RBC 2023 Financial Flexibility Poll finds that 77% of survey respondents say they would like to save more but can't
The index fell from mid-2021 to mid-2022 as surging prices ate into household budgets
It's the fourth time in five months that overall U.S. consumer confidence has declined
Consumer spending has remained strong despite the Federal Reserve raising interest rates nine straight times
Businesses and consumers expect inflation to remain elevated in the short term and ease within five years
High inflation contributed to consumer anxiety
Changes to office life look permanent, but shifts in workforce do not
Purchasing intentions for big-ticket items cooled slightly
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