By  on November 26, 2013

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.

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