US consumer sentiment is rising

Note: This section contains information in English only.
Source: Marketwatch
© Scanpix/Reuters

US consumer sentiment increased to 64.2 in November as compared to 60.9 in October according to report of the University of Michigan and Thomson Reuters. Consumer sentiment is higher than expected 63. Consumers were inspired by higher stock prices and decrease in  unemployment rate explain analysts. Economists are sure that it is a positive direction of higher customer spending.

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