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Consumer Confidence Surges While Gas Prices Fall

Written by The Ashton Report

Both the University of Michigan’s Consumer Sentiment Index and The Conference Board’s Consumer Confidence Index jumped sharply in May. The mid-month May preliminary reading of the UM Sentiment Index rose more than five points to 104.4 from 97.2 in the final April reading. It was the index’s highest reading in 15 years. Most of the…

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The Ashton Report