The University of Michigan's final November consumer sentiment index reading was 82.7, compared to the preliminary November 84.9, the final October 82.6, and the final September 78.3, according to market sources.

The expectations index was 77.6, compared to 80.8 earlier in the month, 79.0 in October, and 73.5 in September.

The current conditions index was 90.7, compared to 91.3 earlier in the month, 88.1 in October, and 85.7 in September.

Economists polled by Thomson Reuters had predicted an 84.5 reading for the main index, 90.6 for current conditions and 80.1 for expectations.

The five-year inflation expectation index was 2.8%, compared to 2.7% in October, while the one-year inflation expectation index was 3.1%, compared to 3.1% in October.

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

Subscribe Now

Independent and authoritative analysis and perspective for the bond buying industry.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.