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Friday, August 29, 2014

Consumer Sentiment Rises in August

U.S. consumer sentiment rose in August, while an index of current economic conditions hit its highest since July 2007, a survey released on Friday showed.

The Thomson Reuters/University of Michigan's final August reading on the overall index on consumer sentiment came in at 82.5, up from 81.8 the month before.

It was above the the median forecast of 80.1 among economists polled by Reuters.

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