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Consumer Sentiment increases slightly in November

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The preliminary Reuters / University of Michigan consumer sentiment index increased slightly in November to 69.3 from 67.7 in October.

Consumer Sentiment Click on graph for larger image in new window.

This was a big story in when consumer sentiment collapsed again in July. Since then this measure of consumer sentiment has mostly moved sideways at a fairly low level.

In general consumer sentiment is a coincident indicator.

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