Consumer Sentiment Rises in Early November

Date : 08/11/2019 @ 15:46
Source : Dow Jones News

Consumer Sentiment Rises in Early November

By Harriet Torry

WASHINGTON--Consumer confidence ticked slightly higher in early November, although a gauge of current economic conditions trended downward.

--The University of Michigan said Friday its preliminary index of November consumer sentiment was 95.7, up slightly from 95.5 at the end of October.

--Economists surveyed by the Wall Street Journal expected a preliminary reading of 95.3 for November.

--The survey's measure of current conditions was 110.9, down from 113.2 in October. The gauge of future expectations increased to 85.9 from 84.2 last month.

--"Consumers did voice a slightly more positive outlook for the economy, which was offset by a slightly less favorable outlook for their own personal finances," said Richard Curtin, the survey's chief economist.

--The survey found spontaneous negative references to tariffs were mentioned by one in four consumers in early November.

--References to the potential impact of impeachment on economic prospects were virtually non-existent, Mr. Curtin said, mentioned by less than 2% of respondents in both October and November.

Write to Harriet Torry at


(END) Dow Jones Newswires

November 08, 2019 10:31 ET (15:31 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.
ADVFN Advertorial
Your Recent History
Gulf Keyst..
FTSE 100
UK Sterlin..
Stocks you've viewed will appear in this box, letting you easily return to quotes you've seen previously.

Register now to create your own custom streaming stock watchlist.

NYSE, AMEX, and ASX quotes are delayed by at least 20 minutes.
All other quotes are delayed by at least 15 minutes unless otherwise stated.

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

P: V:gb D:20200530 16:11:00