Consumer sentiment worsens in November
US consumer sentiment worsened in November, with job losses, falling incomes and the evaporation of household wealth making Americans gloomy about the economy, according to a survey by the University of Michigan and Reuters.
US consumer sentiment improved in late June, ending the month close to a near six-year high set in May, as optimism among higher-income families rose to its strongest level in six years, a survey released on Friday showed.