Economics
U.S. Economy: Sentiment Climbs to Eight-Month High
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Consumer confidence rose in February to the highest level in eight months as decreasing unemployment lifted Americans’ spirits.
The Thomson Reuters/University of Michigan preliminary index of consumer sentiment for the month climbed to 75.1 from 74.2 in January, in line with the median forecast of economists surveyed by Bloomberg News. Another report showed the trade gap widened in December for a second month on a jump in oil imports.