The University of Michigan's preliminary November consumer sentiment index reading was 72.0, compared to the final October 73.2, the preliminary October 75.2 reading, and the final September 77.5, according to market sources.

The expectations index was 62.3, compared to the final October 62.5, the preliminary October 63.9 and the final September 67.8.

The current conditions index was 87.2, compared to the final October 89.9, the preliminary October 92.8, and the final September 92.6.

The five-year inflation expectation index was 2.9%, compared to 2.8% in October, while the one-year inflation expectation index was 3.1%, compared to 3.0% in October.

The University of Michigan index is not released to the press, but only to paying subscribers.

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