Consumer confidence declined for the third consecutive month in November, although at a slower rate than it did in October.
The Conference Board’s Consumer Confidence Index for November pulled back to 70.4. While down from 72.4 in October, the month-over-month decline is far smaller than the 7.8-point contraction from September’s mark of 80.2. Confidence retreated significantly in the wake of the government shutdown during the first half of last month.
A Stella McCartney sketch of a custom dress made from protein-based silk in partnership with biotech lab Bolt Threads. The dress will be displayed at The Museum of Modern Art's upcoming design exhibition, "Items: Is Fashion Modern?"