US consumer sentiment rises to 51.0 in November, above 47.5 consensus
FROM THE WIRE · SEEKINGALPHA.COM
November Consumer Sentiment: 51.0 vs. 47.5 consensus and 48.0 prior, according to preliminary data released by the University of Michigan Survey of Consumers on Friday.
Read at the source ↗MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: neutralThe preliminary reading beats expectations and may shape views on consumption and Fed policy.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
- 01The University of Michigan preliminary reading is 51.0.
- 02Consensus was 47.5 and the prior reading was 48.0.