Consumer Sentiment Index Revised Up 74.4 In January

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Friday morning, Reuters and the University of Michigan released their final report on consumer sentiment in the month of January, showing that their consumer sentiment index increased by much more than economists had been expecting.

The report showed that the consumer sentiment index for January was revised up to 74.4 compared to the preliminary estimate of 72.8 and December's final reading of 72.5. Economists had been expecting a much more modest upward revision to a reading of 73.0.

Friday morning, Reuters and the University of Michigan released their final report on consumer sentiment in the month of January, showing that their consumer sentiment index increased by much more than economists had been expecting. (Market News Provided by RTTNews)