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University of Michigan Consumer Confidence increased in July to 98.4
Consumer sentiment has been remarkably stable since the start of 2017, despite ongoing trade uncertainties, according to the University of Michigan Surveys of Consumers.
The resilience displayed has been primarily due to a renewed sense of personal financial optimism, said economist Richard Curtin, director of the surveys. Indeed, recent surveys have recorded the most favorable personal financial expectations since May 2003.
Posted: August 2, 2019 Friday 10:00 AM