Gloom: Consumer sentiment falls and inflation expectations rise

By Zach Halaschak

Published November 22, 2023 4:21pm ET

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Gloom: Consumer sentiment falls and inflation expectations rise — Consumer sentiment fell in November and expectations for inflation rose, a sign that consumers are not feeling great about the economy. The University of Michigan Consumer Sentiment Index plunged to 61.3 in November, down from nearly 64 in October, according to final numbers released Wednesday. EXISTING HOME SALES FALL TO LOWEST LEVEL SINCE 2010 THANKS […]

Consumer sentiment fell in November and expectations for inflation rose, a sign that consumers are not feeling great about the economy.

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Consumers Federal Reserve Inflation Interest Rates