The expectations index, which tracks attitudes about the 12 months ahead, rose to 79.2 from 73.1. The preliminary current conditions index, which correlates more closely with spending, rose from a nine-year low in November to 93.8.
Consumer sentiment jumps to 85.0
November 15, 2002
The University of Michigan's preliminary November consumer sentiment index rose to 85.0 from a final 80.6 in October, ending a five-month slide in sentiment.