Consumer confidence records best eight months in past decade

Consumer confidence slipped a bit in July 2015, according to the University of Michigan Surveys of Consumers. Nonetheless, the data provide no indication of a break in the prevailing positive trend.

Indeed, the Sentiment Index has averaged 94.5 since December 2014, the highest eight-month average since 2004, according to U-M economist Richard Curtin, who directs the surveys. CONT.

University of Michigan

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