Consumer sentiment in the U.S. improved by more than previously estimated in the month of August, according to a report released by Thomson Reuters and the University of Michigan on Friday.
The report showed that the consumer sentiment index for August was upwardly revised to 74.3 from the mid-month reading of 73.6.
Economists had expected the index to be unrevised from the preliminary reading, which already reflected an increase from the 72.3 recorded in July.
by RTT Staff Writer
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