Stati Uniti Fiducia Dei Consumatori

The University of Michigan’s consumer sentiment index rose slightly to 51.0 in November, up from a preliminary 50.3, following the end of the federal shutdown. Despite the modest lift, the reading remains the second-lowest on record, just above the June 2022 low, as consumers continue to grapple with high prices and weakening incomes. The Current Economic Conditions Index plunged 12.8% to an all-time low of 51.1, reflecting more than a 10% drop in assessments of personal finances and buying conditions for durables. The Consumer Expectations Index, however, edged up 1.4% to 51.0. By month-end, sentiment among consumers with the largest stock holdings erased earlier gains, falling about 2 points from October, likely due to recent market declines. Year-ahead inflation expectations eased slightly to 4.5% from 4.6%, marking three consecutive months of decline but remaining well above the 3.3% seen in January. In contrast, long-term inflation expectations softened to 3.4% from 3.9%.