Consumer Spending

(AP)

U.S. Consumer Sentiment Slips in November

Politics Dow Jones Newswires

U.S. consumer confidence dropped at the end of November, suggesting retailers could face a challenging holiday season.

The University of Michigan final consumer sentiment index for November fell to 91.3 from a midmonth reading of 93.1. The final October reading stood at 90.0. Economists surveyed by The Wall Street Journal had predicted the final November index would edge down slightly to 93.0.

Write to Anna Louie Sussman at anna.sussman@wsj.com

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