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”The Reuter's/University of Michigan's consumer sentiment index in early May was up a solid 1.4 points at mid-month to a preliminary 77.8 versus April's 76.4. The latest reading edged out February 2011 for the best reading so far of the recovery. "The latest report showed a decline in the expectations component, which is now off recovery highs with a six tenth dip to 71.7. Optimism over the future is limited, a factor that limits consumer spending. "The good news in the report was a rise in the assessment of current conditions, up a very strong 4.4 points to a recovery best 87.3” See the detailed report at: Online.WSJ.com |
25 May 2012
• U.S. Consumer Sentiment Improved in May
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