- 1 (8 ounce) package cream cheese, softened
- 1 cup confectioners' sugar
- 2 teaspoons ground cinnamon, divided
- 1 1/2 (8 ounce) containers frozen whipped topping, divided
- 1 (9 inch) prepared graham cracker crust
- 1/2 cup chopped pecans
- 1 cup milk
- 1 cup pumpkin puree
- 2 (3.4 ounce) packages instant vanilla pudding mix
- 1/2 teaspoon nutmeg
- 1 tablespoon caramel topping, or as desired
- Mix cream cheese, confectioners' sugar, and 1 teaspoon cinnamon together in a bowl; fold in 1 cup whipped topping. Spread cream cheese mixture into graham cracker crust and top with pecans.
- Stir milk, pumpkin puree, pudding mix, 1 teaspoon cinnamon, and nutmeg together in a bowl until blended; fold in 1 1/2 cup whipped topping and spoon over cream cheese mixture layer.
- Refrigerate pie for 1 hour. Top pie with remaining whipped topping and drizzle caramel topping over pie.