Consumer Confidence Remains Historically High And Very Steady

The University of Michigan’s Consumer Sentiment Index rose to 95.7 in mid-November, up slightly from 95.5 in the final October reading. The Consumer Expectations Index also rose. The Conference Board’s Consumer Confidence Index fell slightly in October to 125.9 from 126.3 in September. Both measures and both groups’ Expectations Indexes remain at very high levels…