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Consumer confidence up slightly amid better views of personal finances
Consumer confidence up slightly amid better views of personal finances

Consumer confidence rose slightly this month as Americans reported the strongest gains in their personal financial situation in seven years, according to results of a leading private survey released Friday. The consumer sentiment index from the University of Michigan and Thomson Reuters rose to 82.5, from 81.9 in May. The increase was slightly above analysts' expectations. The index has remained relatively consistent over the last six months even though the economy took a nose dive in the first quarter. The Commerce Department said this week the economy contracted at a 2.9% annual rate from January through March, the worst performance since the Great Recession. But economists...

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