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Tag Archives: index of consumer sentiment

Consumer Sentiment / Uneasiness Takes A Negative Turn

12-Jul-09

U.S. consumers’ moods took a negative turn early this month, as the unemployment rate, at its highest level in 26 years, heads towards 10%. The preliminary index of consumer sentiment, produced by Reuters and The University of Michigan, fell 8.76% to 64.6, compared to 70.8 in June. This number also disappoints economists who, on average, [...]

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