The University of Michigan's consumer sentiment index for November declined to 50.3 from 53.6 in October, reflecting concerns over the ongoing U.S. government shutdown and broader economic uncertainties. This drop highlights growing apprehension among consumers about the economic outlook. Additionally, the survey revealed that one-year inflation expectations increased to 4.7%, while long-term expectations decreased to 3.6%. These figures suggest mixed sentiments about future inflation trends, with short-term concerns rising even as long-term outlooks become slightly more optimistic.