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Reaches highest level since July 2007, according to University of Michigan index
November 9, 2012
By: TOM BRANNA
Editor
Uh-oh. Batten down the hatches. The preliminary reading of the University of Michigan/Thomson Reuters consumer-sentiment index rose to 84.9 in November — the highest level since July 2007 — from a final October reading of 82.6, according to the UMich index. Contrarians, however, may view the results as a sign that things are about to get rockier in the US. Economists polled by MarketWatch expected a decline to 81.5, with concerns about Hurricane Sa...
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