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UM Consumer Measures Flat Mid-August; Gasoline Prices May Have Peaked

Written by The Ashton Report

All three measures from the University of Michigan’s twice-monthly consumer surveys were essentially flat in the mid-August reading. The Consumer Sentiment Index ticked up only 0.4% to 72.8. Other than an uptick in May and June, as the economy began to reopen, the readings are very close to what they were in April, during the…

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