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Consumer Sentiment Falls in May

The U.S. consumer sentiment index for May dipped 0.8% from April to 98 points, according to the University of Michigan’s Survey of Consumers. However, consumer sentiment rose 0.9% when compared to May 2017. The index measuring current economic conditions fell 2.7% from April to 111.8 but was up 0.1% from May 2017. Consumer expectations in May increased 0.8% from the previous month to 89.1, and are 1.6% above the comparable period from last year. See University of Michigan

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