Reuters (11/14/14) Rodrigo Campos

The Thomson Reuters and University of Michigan’s preliminary reading for the overall index of consumer sentiment was 89.4 in November, the highest since July 2007. The reading beat the highest estimate of the 61 economists polled by Reuters, and the median forecast of 87.5. The barometer of current economic conditions increased to 103.0 from 98.3, and the gauge of consumer expectations rose to 80.6 from 79.6.