Bloomberg News

U.S. Michigan Consumer Sentiment Index Rose to 64.1

November 23, 2011

(Corrects to say final in first paragraph.)

Nov. 23 (Bloomberg) -- The Thomson Reuters/University of Michigan final index of consumer sentiment for November rose to 64.1 from a final October reading of 60.9. The gauge was projected to rise to 64.5, according to the median forecast of 63 economists surveyed by Bloomberg News.

Today’s report compares with the Bloomberg Consumer Comfort Index, which was minus 50.1 in the week ended Nov. 20 compared with minus 50 a week earlier. The measure has been at minus 50 or less for nine of the past 10 weeks, a performance unprecedented in its 26-year history.

To contact the editor responsible for this story: Kevin Reynolds at kreynolds@bloomberg.net


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