Consumer Sentiment in U.S. Falls to Lowest Since December

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Confidence among U.S. consumers declined in June to the lowest level this year as Americans grew more pessimistic about prospects for the economy.

The Thomson Reuters/University of Michigan final index of sentiment fell to 73.2 this month from 79.3 in May. The gauge was projected to hold at the preliminary reading of 74.1, according to the median forecast of economists surveyed by Bloomberg News.

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Consumer Sentiment in U.S. Falls to Lowest Since December