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Politics : Formerly About Applied Materials

AMAT 269.43

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To: StanX Long who wrote (55317)	11/10/2001 2:30:58 AM
From: StanX Long	Read Replies (1) of 70976

Nov. Consumer Sentiment Posts Unexpected Rise Friday, November 09, 2001 foxnews.com NEW YORK — U.S. consumer sentiment posted an unexpected surge in early November as a rebound in sickly U.S. stocks helped Americans shrug off mounting job cuts and deteriorating economic conditions since Sept. 11. The University of Michigan's preliminary November consumer sentiment index rose to 83.5 from 82.7 in October — in sharp contrast to the Conference Board's October numbers, which showed consumer confidence still falling. Economists and policymakers closely watch consumer confidence, mostly on a downward trend since late last year, because it is closely linked to consumer spending, which underpins about two-thirds of U.S. economic activity. No Immediate Impact

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