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Consumer Confidence Rises More Than Expected in August as Gas Prices Drop

Posted on the 12 August 2022 by Phil's Stock World @philstockworld

U.S. consumer sentiment climbed more than expected in August as gas prices dropped nationwide, but Americans' confidence in the economy remains near a record low. The University of Michigan's consumer sentiment index rose to 55.1 in August - up from the July reading of 51.5 and above economists' ...

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