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commentConsumer Sentiment Remains Unchanged

September 29, 2007 – 6:31 am | by BizIntel

update.jpgThe University of Michigan’s Consumer Sentiment Index remained unchanged in September vs. August.  The index came in at 83.4 vs. consensus estimates of 84.3, demonstrating that consumer attitudes remained relatively stable.  This bodes well for consumer spending, as a further decline in the index would be a bad thing for GDP growth and markets overall.

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