NEW YORK (AP) — Americans are feeling worse about the economy than they have in a long time.

Despite an improving U.S. job and housing markets, consumer confidence fell to the lowest level it's been since November 2011. The New York-based Conference Board says Tuesday that its Consumer Confidence Index fell to 60.6, down from a revised 65.4 in July. In November 2011, the reading was 55.2.

Last month's results are the latest swing in the index, which has been on a rollercoaster. This year, it declined in January, rose in February and then posted four months of declines before registering an increase in July. The latest result seems to indicate that the small gains in the job and housing markets aren't happening soon enough to put to rest Americans' economic fears. And that could have an impact on how Americans vote in the presidential election in November.