Consumer Sentiment in U.S. Rose in June to Five-Month High
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Consumer confidence climbed in June to a five-month high as an improving job market boosted Americans’ attitudes about the world’s largest economy.
The University of Michigan said Friday that its final index of sentiment increased to 96.1 during the month, exceeding all estimates in a Bloomberg survey, from 90.7 in May. The median projection of economists polled called for the measure to hold at its preliminary June reading of 94.6.