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Consumer Sentiment Fell Back In Early July As Price Surges Scare Consumers

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Written by The Ashton Report
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The University of Michigan’s three consumer indexes all fell back in the preliminary readings for July versus the final June numbers. On percentage bases, the Consumer Sentiment Index fell 5.5%, the Expectations Index was off 6.1% and the index of Current Economic Conditions declined 4.6%.   The research group’s Chief Economist Richard Curtin wrote that…

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