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Consumer Sentiment Reaches Seven-Year High

2014-10-17 20:38:52| IT Services - Topix.net

Consumer confidence in the U.S. unexpectedly rose in October to the highest level in seven years, showing a brightening in Americans' moods as gas prices drop and the labor market gains traction. The Thomson Reuters/University of Michigan preliminary sentiment index for this month increased to 86.4, the strongest since July 2007, from a final reading of 84.6 in September.

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