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Dana M. Peterson, Chief Economist of the World Large Enterprises Federation, said, 'US consumer confidence continued to improve in November, reaching its highest level in the past two years. The rise in November was mainly due to consumers' more positive assessment of the current situation, especially in the labor market. Compared with October, consumers' optimism about future job opportunities has also greatly increased, reaching the highest level in nearly three years. At the same time, consumers' expectations for future business conditions have not changed, while their optimism about future income has slightly decreased.' Earlier, the US Conference Board Consumer Confidence Index for November recorded 111.7, the highest since July 2023.

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