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Consumer confidence in American economy dropping

Consumer confidence sliding
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Many Americans are feeling less than optimistic about the state of the economy.

New data from the Conference Board shows consumer confidence dipped in November.

A near-term outlook for incomes, businesses and job conditions also fell.

The board says concerns about rising prices and the delta variant are primary reasons confidence dipped.

Concerns of a resurgence of infections and price increases may threaten economic growth in the coming months.