#USEconomicNews #USJobSlump On Tuesday the Conference Board will publish the results of its consumer-confidence survey for November. Forecasters expect a slight decline. Consumer confidence has been weak all year, and particularly since Donald Trumpโs chaotic tariff campaign began in April. Yet the economy is still remarkably healthy. It created 119,000 jobs in September, well above expectations. The unemployment rate, however, rose slightly.
Surveys and other โsoft dataโ can anticipate economic weakness. Analysts relied on them more than usual during last monthโs government shutdown, which disrupted the flow of official economic data. Regular service hasnโt resumed; agencies are still working through the backlog. The return of reliable dataโexpected over the next few weeksโwill reveal the true state of the economy.