22 November 2012

• U.S. Consumer Sentiment Slides – November 2012


“Confidence among U.S. consumers rose less than anticipated in November, indicating the impending fiscal tightening may be starting to damp Americans’ moods.

”The Thomson Reuters/University of Michigan final index of consumer sentiment was little changed at 82.7, a five-year high, from the prior month’s 82.6. The gauge was projected to rise to 84.5, according to the median forecast of 65 economists surveyed by Bloomberg. The preliminary reading was 84.9.”

Source: Bloomberg.com


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