U.S. Consumer Sentiment Tops Estimates While Outlook Slips (1).

U.S. consumer sentiment exceeded analyst estimates as low unemployment and growing incomes kept Americans in an upbeat mood, though the outlook soured amid concern that the labor market will soften. The University of Michigan's preliminary December sentiment index was unchanged from November at 97.5 and compares with the median estimate of 97 in a Bloomberg survey of economists, according to data released Friday. [Extracted from the article]