Consumer Sentiment Down From October

The University of Michigan’s final November consumer sentiment index reading was 67.4, compared to the preliminary 66.0 reading, and the final October 70.6, according to market sources.

Economists polled by Thomson Reuters had predicted a 67.0 reading for the index.

The expectations index was 66.5, compared to 63.7 earlier this month, and 68.6 in October.

The current conditions index was 68.8, compared to 69.6 earlier in November and 73.7 in October.

Economists polled by Thomson Reuters had predicted a 70.0 reading for the current conditions index and 64.0 for the expectations index.

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