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WSJ Minute Briefing

U.S. Consumers’ Moods Sour in November

WSJ Minute Briefing

The Wall Street Journal

Business News, News

4.1671 Ratings

🗓️ 7 November 2025

⏱️ 3 minutes

🧾️ Download transcript

Summary

Plus: Nexperia microchips start leaving China again after being held hostage in a trade war. And IKEA profit plunges 32%. Zoe Kuhlkin hosts. Sign up for WSJ’s free What’s News newsletter. An artificial-intelligence tool assisted in the making of this episode by creating summaries that were based on Wall Street Journal reporting and reviewed and adapted by an editor. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

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and rental listings July 24th through June 2025. Number one trusted based on August 2025 proprietary

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survey among real estate professionals. Here's your midday brief for Friday, November 7th. I'm Zoe Colkin for the Wall Street Journal.

0:40.4

A new survey shows consumers' moods falling to near record lows in November. The University

0:45.7

of Michigan survey says its headline reading on consumer sentiment fell to 50.3 this month

0:51.5

from 53.6 last month, worse than analysts expected. The current level is just

0:57.1

slightly higher than levels hit in 2022 amid historic inflation, which were some of the lowest

1:02.5

results recorded in the survey's decades of history. Nexperia microchips are now being exported

1:09.1

again from China, easing a shortage of simple but critical

1:12.6

parts that threaten to paralyze the auto industry. Beijing moved to halt exports of Nexperia

1:17.8

chips last month after the Dutch government seized control of the company from its Chinese owner.

1:23.0

The shipments are the first clear sign the Nexperia chip supplies are flowing more freely,

1:27.7

following last week's meeting between President Trump and Chinese leader Xi Jinping.

1:32.2

The Chinese Commerce Ministry over the weekend said it would grant export licenses in eligible

1:36.8

cases.

...

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