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OverviewAPI
Consumer confidence in November increased, reaching 102, up from 99.1 in October, with the Present Situation Index at 138.2 and the Expectations Index at 77.8. Despite the rebound, two-thirds of consumers anticipate a recession within the next 12 months. Plans to purchase cars, homes, and big-ticket appliances decreased, reflecting the lingering influence of high interest rates. Wage-price inflation concerns persist, with 85% of consumers feeling their wages do not match inflation rates.

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