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U.S. Consumer Sentiment Drops Less Than Initially Estimated In November

Consumer sentiment in the U.S. deteriorated less than initially estimated in the month of November, according to revised data released by the University of Michigan on Wednesday.

The report showed the consumer sentiment index for November was upwardly revised to 56.8 from the preliminary reading of 54.7. Economists had expected a more modest upward revision to 55.0.

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by RTTNews Staff Writer

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