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UM Consumer Sentiment Plummeted In Early February


The University of Michigan’s Consumer Sentiment Index plunged to its lowest level in a decade in the mid-month February preliminary reading, released Feb. 11. The Sentiment Index fell a “stunning” 5.5 points or 8.2% to 61.7 in the past two weeks. It now stands nearly 20% below the reading this time last year, just as…

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