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Economic Report: Consumer confidence falls for first time in five months

Bloomberg News/Landov
Americans are still plenty confident in the U.S. economy, just a bit less so.

The numbers: Consumers confidence fell in November for the first time in five months, reflecting a slightly less optimistic view among Americans on how the economy will perform next year.

The consumer confidence index slipped to 135.7 this month from an 18-year high of 137.9 in October, the Conference Board said Tuesday.

The present situation index, a measure of how Americans view the economy right now, edged up to 172.7 from 171.9. That’s just a shade below an 18-year peak.

A separate survey that asks consumers what the economy will look like six months from now dropped to 111.0 from 115.1.

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