Economic Indicator Roundup: 11/9/2012 Friday, November 9, 5:18 PM ET
There are several key economic indicators making headlines today.
The index of consumer sentiment from Thomson Reuters/University of Michigan rose to 84.9 in November from 82.6, beating expectations for a reading of 83. The index was at the highest level since July 2007.
The Commerce Department announced that total wholesale inventories gained 1.1 percent to $494.2 billion. In addition, factory orders increased by 2 percent.
Lastly, the unemployment rate was up to 7.9 percent, though it was below 8 percent for the second month in a row.
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