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US Conference Board Consumer Confidence fell sharply in November, dropping from 95.5 to 88.7 and undershooting expectations of 93.4. Both major components weakened: Present Situation Index slipped -4.3 points to 126.9, while Expectations Index fell -8.6 points to 63.2. Crucially, the Expectations Index has now remained below the recession-signaling threshold of 80 for ten straight […]

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TSMC on Tuesday filed a lawsuit against Wei-Jen Lo, a former senior vice president at the Taiwanese semiconductor firm who recently joined Intel.

US consumer sentiment lost momentum in November, as the Conference Board’s Consumer Confidence Index fell to 88.7 from a revised 95.5 (from 94.6), curtailing the previous recovery.

United States Richmond Fed Manufacturing Index below expectations (-2) in November: Actual (-15)

Mexico Current Account, $ (QoQ) climbed from previous $206M to $2325M in 3Q

• Prior month 0.0%. Index 74.8 revised 274.9
• Pending home sales month-to-month 1.9% vs 0.5% estimate
• Pending home sales index 76.3 vs 74.8 last month.
• Northeast +2.3%
• West -1.5%
• Midwest +5.3%
• South +1.4%

Details from national Association of realtors:

Monthly changes (October 2025, MoM)

• Pending home sales rose in the Northeast, Midwest, and South

• Pending home sales declined in the West

Year-over-year changes

• Pending home sales increased in the Midwest and South

• Pending home sales decreased in the Northeast and West

Economist commentary (Lawrence Yun, NAR)

• Midwest performed best due to stronger affordability

• Contract signings fell in the high-priced West region

• Days on market typically lengthen from November–February, giving buyers more negotiating power

• September job gains are reassuring, suggesting the economy is not slipping into recession

• Improved job data may boost buyer confidence

Context

• Pending Home Sales Index (PHS) measures signed contracts for existing homes and typically leads Existing-Home Sales by 1–2 months

Next release

• November 2025 Pending Home Sales: Monday, December 29, 2025, at 10 a.m. ET

This article was written by Greg Michalowski at investinglive.com.

Mexico Accumulated Current Account/GDP climbed from previous 0% to 0.49% in 3Q

United States Pending Home Sales (YoY) climbed from previous -0.9% to -0.4% in October

• Prior month 94.6
• Consumer confidence xx.x vs 93.4 last month

This article was written by Greg Michalowski at investinglive.com.

United States Business Inventories below expectations (0.1%) in August: Actual (0%)