Consumer confidence rose this month to its highest level in since June, according to the Thomson Reuters/University of Michigan consumer sentiment index released Wednesday.
The month’s final index rose to 64.1, from 60.9 in October.
A preliminary reading two weeks ago showed a reading of 64.2.
The final index was lower than economists’ median forecast of a 64.5 reading, Bloomberg reported.
The index averaged a reading of 89 in the five years leading up to the recession at the end of 2007.
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