American consumers became less pessimistic in November about the economic outlook as the effect of last month’s partial government shutdown dissipated.
The gap between positive and negative expectations for the economy shrank to minus 14 from a two-year low of minus 31 in October, according to data from the Bloomberg Consumer Comfort Index released today. The weekly measure of sentiment fell to minus 34.6 in the period ended Nov. 17 from minus 33.9. CONT.
Ben Schenkel, Bloomberg