- Analytics
- News and Tools
- Market News
- U.S. consumer sentiment index rises less than expected in early November
U.S. consumer sentiment index rises less than expected in early November
A report from
the University of Michigan revealed on Friday the preliminary reading for the
Reuters/Michigan index of consumer sentiment rose to 95.7 in early November.
Economists had
expected the index would increase to 95.9 this month from October’s final
reading of 95.5.
According to
the report, the index of current U.S. economic conditions decreased to 110.9 in
November from 113.2 in the previous month. Meanwhile, the index of consumer
expectations grew to 85.9 this month from 84.2 in October.
Consumers did
voice a slightly more positive outlook for the economy, which was offset by a
slightly less favorable outlook for their own personal finances, the report
noted. At the same time, spontaneous negative references to tariffs were still
mentioned by one-in-four consumers in early November, while references to the
impact of impeachment on economic prospects were virtually non-existent, mentioned
by less than 2% in October and November.
© 2000-2024. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.
Bank transfers
