Reported 16 days ago
Consumer sentiment in the U.S. has reached a seven-month high as of early November, boosted by optimism among Republicans, according to a University of Michigan survey. The Consumer Sentiment Index rose to 73.0, exceeding economist expectations, while the expectations index climbed nearly 6% to its highest level since July 2021. Despite rising optimism, sentiment varied significantly between political affiliations, with Republicans showing the most significant improvement, while independents' outlook declined.
Source: YAHOO