US consumer confidence rises to 51 in November, highest in three months
The preliminary US consumer sentiment index rose to 51 in November from 48 in October, its highest level in three months and above the 48 estimate from economists surveyed by Bloomberg. The increase was supported by slight improvements in perceptions of personal finances and economic outlook, concentrated among independents. However, about 57% of respondents said high prices had reduced their standard of living, the highest share since May.
In 35 seconds
- The preliminary consumer sentiment index rose from 48 in October to 51 in November, its highest level in three months.
- The reading beat the median estimate of 48 in a Bloomberg survey of economists.
- The improvement was concentrated among independents, while confidence deteriorated among Democrats and Republicans.
IASummary generated by artificial intelligence from a story by El Espectador. It may contain errors: the original source prevails.





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