Consumer Sentiment Still Best Since 2007

Ann Arbor, MI, Oct. 26, 2012 -- The final October reading of the University of Michigan-Thomson Reuters consumer-sentiment index edged down to 82.6 from an initially reported 83.1.

Economists expected a reading of 83. However, it's the highest level since September 2007 and up from 78.3 in September and from 74.3 in August.