University of Michigan Consumer Sentiment Index Falls in November

09/11/2018 15:03:03 Economic Indicators

A key gauge of U.S. consumer confidence fell slightly in November, according to a survey released on Friday.

The University of Michigan's consumer sentiment fell to 98.3 from 98.6 in the prior month.

Economists had forecast a reading of 98.

A sub index tracking consumer expectations fell from 89.3 to 88.7, while a separate gauge tracking current conditions rose from 113.1 to 113.2.