US consumer sentiment November preliminary

Sentiment in the U.S. rose more than expected this month, according to preliminary data released Friday by the University of Michigan.The early November read on consumer sentiment rose to 95.7 from 95.5 in October, the university’s Surveys of Consumers data showed. Economists polled by Dow Jones expected sentiment to rise to 95.3.”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,” Richard Curtin, chief economist for the Surveys of Consumers, said in a statement.The number was nearly identical to last month’s and the average 2019 level of 95.6, according to the university.This is breaking news. Please check back for updates.

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