Tue, 26 Nov 2013 17:58:03 GMT
U.S. consumer sentiment edged down on economic pessimism
The Consumer Confidence Index dropped to 70.4 in November from 71.2 in previous month, which is 2 points less than analysts expected, the Conference Board report showed today. The U.S. government shutdown and borrowing limit debates negatively influenced the American's attitude towards national economy, reflected in sharp consumer confidence decline from September's figure of 80.2 to 71.2 in October.