Consumer Sentiment Index At 76.1 vs. 80.9 in October

The University of Michigan’s final November consumer sentiment index reading was 76.1, compared to the 75.0 reading earlier this month, and the final October 80.9 reading, according to market sources. Economists polled by IFR Markets had predicted a 75.0 reading for the index.The expectations index was 66.2, compared to 64.7 at mid-month, and 70.1 at the end of October.The current conditions index was 91.5, compared to 91.0 in mid-November, and 97.6 in October.