U of Mich. consumer sentiment improves by Rachel Koning
The University of Michigan's consumer sentiment index improved to a higher-than-expected 83.9 in November from 82.7 in October. The preliminary reading for November was 83.5. Analysts said the stock market's improvement contributed to better attitudes among consumers. In general, consumers are saying they feel more confident about their financial position and the prospects for an economic recovery.
The University of Michigan's consumer sentiment index improved to a higher-than-expected 83.9 in November from 82.7 in October. The preliminary reading for November was 83.5. Analysts said the stock market's improvement contributed to better attitudes among consumers. In general, consumers are saying they feel more confident about their financial position and the prospects for an economic recovery.
