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The Conference Board's U.S. consumer confidence index for August improved to 56.9 in Tuesday's report, higher than the expected improvement to 53.0. One-year inflation expectations fell back to a five-year low of 6.7%, following July's 7.5%. The previous month's headline reading of 51.9 was unrevised...
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The preliminary consumer sentiment survey from Reuters & the University of Michigan improved half a point to 61.7, following the previous month's near five-point rebound. Also, one-year inflation expectations moved down to 4.8% from July's 5.1% forecast. The consensus was for the survey to improve to...
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The final consumer sentiment survey from Reuters and the University of Michigan received a large upward revision from preliminary estimates in July, with the headline indicator coming in at 61.2 compared to the preliminary 56.6 level. Economists had expected a small revision to 56.4. The last time the...
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The preliminary consumer sentiment survey from Reuters and the University of Michigan rebounded for the first time since January, reaching a score of 56.6 in July from June's reading of 56.4. The consensus was expecting a further decline to 55.5. According to the report, 90% of respondents said they...
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The first monthly reading for consumer confidence in May failed to show any improvement despite the beginning of the fiscal stimulus tax rebates , economists say. The preliminary consumer sentiment survey from Reuters and the University of Michigan tumbled beyond the previous month's 26-year low...