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Consumer Sentiment Ticks Up Mid-May As Relief Checks Bolster Finances

Written by The Ashton Report

The University of Michigan’s Consumer Sentiment Index ticked up slightly in the mid-month reading, as CARES Act relief checks started hitting bank accounts. The index rose to 73.7 from the final April reading of 71.8. It’s a long way from the 100 of a year ago May or early this year. The percentage of consumers…

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