Consumer sentiment jumps to 85.0
The University of Michigan's preliminary November consumer
sentiment index rose to 85.0 from a final 80.6 in October, ending a five-month slide in sentiment.
The expectations index, which tracks attitudes about the 12 months ahead, rose to 79.2 from 73.1. The preliminary current conditions index, which correlates more closely with spending, rose from a nine-year low in November to 93.8.
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