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Consumer Confidence Levels Equal Half-Century Cyclical Highs

Written by The Ashton Report

Both of the two major indices of consumer confidence rose in January, fueled by the lowest unemployment in decades and consumer perception of the strong prospect for future employment and income growth. The University of Michigan Consumer Sentiment Index rose to 99.8, up from 99.3 in December and significantly higher than a year ago, when…

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The Ashton Report