U.S. Consumer Sentiment Gauge Declines to a Six-Month Low
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Confidence among U.S. consumers declined in June to the lowest level this year as the labor market showed few signs of improving.
The Thomson Reuters/University of Michigan index of consumer sentiment fell in June to 74.1 from 79.3 the prior month, which was the highest since October 2007. The gauge was projected to fall to 77.5, according to a median forecast of 66 economists surveyed by Bloomberg News.