Sunday, May 19, 2013

CNBC: US Consumer Sentiment Surges; Leading Indicators Rise

 U.S. consumer sentiment rebounded in early May to the highest level in nearly six years as Americans felt better about their financial and economic prospects. A gauge of future U.S. economic activity in April rose to its highest level in nearly five years.

The Thomson Reuters/University of Michigan's preliminary reading on the overall index on consumer sentiment rose to 83.7 from 76.4 in April, topping economists' expectations for 78.

It was the highest level since July 2007.
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Link: http://www.cnbc.com/id/100746068

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