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Michigan Sentiment Index Increased to 75.1 in November From 73.2

Westfield North County Mall
The silhouette of a couple carrying shopping bags is seen at the Westfield North County Mall in Escondido, California, on Nov. 17, 2013. Photographer: Sam Hodgson/Bloomberg

Nov. 27 (Bloomberg) -- The Thomson Reuters/University of Michigan final index of consumer sentiment in November unexpectedly rose to 75.1 from 73.2 a month earlier.

The median forecast of 65 economists surveyed by Bloomberg called for 73.1 after a preliminary reading of 72. Forecasts ranged from 71 to 75.2. The index averaged 89 in the five years before December 2007, and 64.2 in the 18-month recession that ensued.

To contact the reporter on this story: Ben Schenkel in Washington at

To contact the editor responsible for this story: Christopher Wellisz at

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