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Post by bot on Mar 16, 2018 13:02:15 GMT -5
Consumer sentiment hits 14-year high as low-income households report better conditions
The University of Michigan's consumer sentiment index hit the highest level since 2004 in March, helped by a record favorable assessment of current economic conditions. The index rose to 102 in March from 99.7 in February, topping the 99.5 economist forecast. All of the gain in the sentiment index was among households with incomes in the bottom third, the report said.
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