Report: Consumer sentiment on the rise — PYMNTS.com

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A recent survey by the University of Michigan indicates an increase in consumer sentiment since last month:

The survey found that the Index level of 70.5 was higher than the 70.1 seen last month and, per Survey Director Joanne Hsu: This month’s increase was primarily due to modest improvements in buying conditions for durables, in part due to easing interest rates.

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