{"id":26091,"date":"2023-11-22T09:38:52","date_gmt":"2023-11-22T17:38:52","guid":{"rendered":"https:\/\/ctasc.com\/?p=26091"},"modified":"2023-11-22T09:38:52","modified_gmt":"2023-11-22T17:38:52","slug":"consumer-sentiment-declined-3-9-to-61-3-in-november","status":"publish","type":"post","link":"https:\/\/ctasc.com\/consumer-sentiment-declined-3-9-to-61-3-in-november\/","title":{"rendered":"Consumer Sentiment Declined 3.9% to 61.3 in November"},"content":{"rendered":"

Consumer Sentiment Declined 3.9% to 61.3 in November<\/h3>\n
<\/div>\n

November 22, 2023, from Floor Focus FloorDaily News<\/p>\n

\"Consumer<\/a><\/p>\n

Ann Arbor, MI, November 22, 2023 – Consumer sentiment declined 3.9% to 61.3 in November, according to final results from the University of Michigan Survey of Consumers.<\/p>\n

This represents a 8.1% increase year over year.<\/p>\n

\u201cConsumer sentiment fell a modest 2.5 index points, or 4%, from October. While this marks the fourth consecutive month of declines, November\u2019s reading reflects a balance of factors, some of which improved while others worsened,\u201d says Survey of Consumers director Joanne Hsu. \u201cMore-favorable current assessments and expectations of personal finances were offset by a notable deterioration in expected business conditions. In particular, long-run business conditions plunged by 15% to its lowest since July 2022. Younger and middle-aged consumers exhibited strong declines in economic attitudes this month, while sentiment of those age 55 and older improved from October.<\/p>\n

\u201cYear-ahead inflation expectations rose to 4.5% this month, up from 4.2% in October, reaching its highest reading since April 2023. Long-run inflation expectations rose from 3.0% last month to 3.2% this month, a reading last seen in 2011. These expectations have risen in spite of the fact that consumers have taken note of the continued slowdown in inflation; consumers appear worried that the softening of inflation could reverse in the months and years ahead.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"

Consumer sentiment declined 3.9% to 61.3 in November, according to final results from the University of Michigan Survey of Consumers.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"xn-wppe-expiration":[],"xn-wppe-expiration-action":[],"xn-wppe-expiration-prefix":[],"_mi_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[25,58,24],"tags":[],"yoast_head":"\nConsumer Sentiment Declined 3.9% to 61.3 in November - CTaSC.com<\/title>\n<link rel=\"canonical\" href=\"https:\/\/ctasc.com\/consumer-sentiment-declined-3-9-to-61-3-in-november\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Consumer Sentiment Declined 3.9% to 61.3 in November - CTaSC.com\" \/>\n<meta property=\"og:description\" content=\"Consumer sentiment declined 3.9% to 61.3 in November, according to final results from the University of Michigan Survey of Consumers.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/ctasc.com\/consumer-sentiment-declined-3-9-to-61-3-in-november\/\" \/>\n<meta property=\"og:site_name\" content=\"CTaSC.com\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CeramicTileStoneConsult\" \/>\n<meta property=\"article:published_time\" content=\"2023-11-22T17:38:52+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.floordaily.net\/images\/articles\/9f1c7a71-2c77-4a55-a3f9-6cfe5399c16afull.jpg\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\">\n\t<meta name=\"twitter:data1\" content=\"2 minutes\">\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebSite\",\"@id\":\"https:\/\/ctasc.com\/#website\",\"url\":\"https:\/\/ctasc.com\/\",\"name\":\"CTaSC.com\",\"description\":\"Consulting Services For The Ceramic Tile And Stone Industry\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":\"https:\/\/ctasc.com\/?s={search_term_string}\",\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/ctasc.com\/consumer-sentiment-declined-3-9-to-61-3-in-november\/#primaryimage\",\"inLanguage\":\"en-US\",\"url\":\"https:\/\/www.floordaily.net\/images\/articles\/9f1c7a71-2c77-4a55-a3f9-6cfe5399c16afull.jpg\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/ctasc.com\/consumer-sentiment-declined-3-9-to-61-3-in-november\/#webpage\",\"url\":\"https:\/\/ctasc.com\/consumer-sentiment-declined-3-9-to-61-3-in-november\/\",\"name\":\"Consumer Sentiment Declined 3.9% to 61.3 in November - CTaSC.com\",\"isPartOf\":{\"@id\":\"https:\/\/ctasc.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/ctasc.com\/consumer-sentiment-declined-3-9-to-61-3-in-november\/#primaryimage\"},\"datePublished\":\"2023-11-22T17:38:52+00:00\",\"dateModified\":\"2023-11-22T17:38:52+00:00\",\"author\":{\"@id\":\"https:\/\/ctasc.com\/#\/schema\/person\/aa07d76c4955fe4b86f105b7f5fbc622\"},\"breadcrumb\":{\"@id\":\"https:\/\/ctasc.com\/consumer-sentiment-declined-3-9-to-61-3-in-november\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/ctasc.com\/consumer-sentiment-declined-3-9-to-61-3-in-november\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/ctasc.com\/consumer-sentiment-declined-3-9-to-61-3-in-november\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"item\":{\"@type\":\"WebPage\",\"@id\":\"https:\/\/ctasc.com\/\",\"url\":\"https:\/\/ctasc.com\/\",\"name\":\"Home\"}},{\"@type\":\"ListItem\",\"position\":2,\"item\":{\"@type\":\"WebPage\",\"@id\":\"https:\/\/ctasc.com\/consumer-sentiment-declined-3-9-to-61-3-in-november\/\",\"url\":\"https:\/\/ctasc.com\/consumer-sentiment-declined-3-9-to-61-3-in-november\/\",\"name\":\"Consumer Sentiment Declined 3.9% to 61.3 in November\"}}]},{\"@type\":\"Person\",\"@id\":\"https:\/\/ctasc.com\/#\/schema\/person\/aa07d76c4955fe4b86f105b7f5fbc622\",\"name\":\"Donato Pompo\",\"image\":{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/ctasc.com\/#personlogo\",\"inLanguage\":\"en-US\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/b25c5730c89e0c73f75709d8f1254337?s=96&d=mm&r=g\",\"caption\":\"Donato Pompo\"},\"description\":\"Donato Pompo, CTC CMR CSI CDT MBA, is the leading tile and stone forensic expert and consultant in North America, and he is a National Tile Contractors Association Recognized Consultant. 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