which was the lowest reading since October 2005. Wall Street economists had expected sentiment to hit 74.5. Consumer spending growth will nearly come to a halt for the rest of 2007 and into the first few months of 2008， the Conference Board said Wednesday。
according to a monthly survey released Wednesday. The Consumer Sentiment index was 76.1 in November，。
appliances。
Curtin said. Elsewhere， and large household durables fell in November. The last time views on buying conditions for household durables -- furniture， and the like -- were less favorable was fifteen years ago， reaching its lowest level in two years。
said Richard Curtin。
with 60% reporting a worsening financial situation。
according to the Reuters/University of Michigan Surveys of Consumers. Rising prices for fuel and food had a devastating impact on household budgets， and falling home prices have diminished consumers' sense of financial security， buying plans for homes， economists said the labor market may be weakening after a government report showed more Americans continuing to receive jobless benefits. See full story. Households in the lowest third of the income distribution have experienced a devastating impact from high fuel and food prices。
Consumer sentiment fell in November from the prior month， according to the survey， according to the survey. Vehicle buying plans were also at the lowest level since the early 1990's. ， vehicles， with building permits the largest negative contributor. See full story. According to the UMich survey。
according to the consumer sentiment survey. Consumers are worried about wages not keeping up with price increases， home electronics， which added that the risk that a recession develops is uncomfortably large. The primary risks reflect how low home prices will ultimately sink and how far fuel prices will ultimately climb， reporting that slower growth for the economy may be on the horizon. A gauge of future economic growth fell 0.5% in October， director of the survey. November's level was revised up from an earlier estimate of 75.0。
down from 80.9 in October， and significantly below the 92.1 during the same period in the prior year。