Estados Unidos Confianza Del Consumidor

The University of Michigan consumer sentiment for the US increased to 73 in November 2024, the highest in seven months, compared to 70.5 in October and above forecasts of 71, preliminary estimates showed. However, the reading do not capture any reactions to election results. The expectations index soared to 78.5, the highest since July 2021, from 74.1 in the previous month. Expectations over personal finances climbed 6% in part due to strengthening income prospects, and short-run business conditions soared 9%. Long-run business conditions increased to its most favorable reading in nearly four years. On the other hand, the current conditions gauge fell to 64.4 from 64.9. Meanwhile, year-ahead inflation expectations fell to 2.6% from 2.7%, reaching the lowest since December 2020. Inflation expectations for the next five years inched up to 3.1% from 3%.