Headline Index Rises to 48.5 as All Three Components Advance and 17 of 21 Groups Improve; the Investor–Non-Investor Gap Sets a Second Straight Record at 25.3 Points
Consumer sentiment improved for a third straight month in November as the RealClearMarkets/TIPP Economic Optimism Index, the first monthly reading of U.S. consumer confidence, rose to 48.5 from 46.8 in October, a 1.7-point (3.6%) gain. In its final reading before today's midterm elections, the index reached its highest level since February, and all three of its components advanced. Unlike October, the gains were broad: 17 of the 21 demographic groups we track improved, and optimism rose in every income bracket.
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