US Consumer Confidence Falls by Most Since April on Economy (4)

US consumer confidence slid in November by the most in seven months on growing anxiety about the labor market and the economy.

The Conference Board’s gauge decreased 6.8 points to 88.7, data out Tuesday showed. The figure was weaker than all estimates in a Bloomberg survey of economists.

A gauge of expectations for the next six months declined to the lowest level since April, while a measure of present conditions slumped to a more than one-year low.

The ongoing slide in consumer sentiment reflects lingering concerns about the impact of persistently high prices and a cooling ...