Consumer Sentiment in U.S. Fell in November to Two-Year Low
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Consumer sentiment in the U.S. fell in November to the lowest level in almost two years as households reeled from last month’s partial government shutdown.
The Thomson Reuters/University of Michigan preliminary consumer sentiment index for this month dropped to 72, the weakest since December 2011, from 73.2 in October. Economists in a Bloomberg survey called for an increase to 74.5, according to the median estimate.