Michigan Sentiment Index Increased to 75.1 in November From 73.2Ben Schenkel
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.