NEW YORK - The University of Michigan's final November consumer sentiment index reading was 67.4, compared to the preliminary 66.0 reading, the final October 70.6, the preliminary October 69.4, the final September 73.5, and the final August 65.7, 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, 68.6 in October, 67.6 earlier in October, 73.5 in September, and 65.0 in August.
The current conditions index was 68.8, compared to 69.6 earlier in November, 73.7 in October, 72.1 earlier in October, 73.4 in September, and 66.6 in August.
Economists polled by Thomson Reuters had predicted a 70.0 reading for the current conditions index and 64.0 for the expectations index.
The five-year inflation expectation index was 3.0%, compared to 3.1 earlier n the month, 2.9% last month, and 2.8% in September, while the one-year inflation expectation index was 2.7%, compared to 2.8% at mid-month, 2.9% last month and 2.2% in September.
The University of Michigan index is not released to the press, but only to paying subscribers.
