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Consumer Confidence Surges While Gas Prices Fall

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Written by The Ashton Report
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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 U.M. Sentiment Index rose more than five points to 104.4 from 97.2 in the final April reading. It was the U.M. index’s highest reading in 15 years. Most of…

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