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International Business Times
International Business Times
Business
Demian Bio

U.S. Consumer Rebounds From Record Low But Stands Below Expectations

U.S. consumer sentiment rose after hitting a record low in June but stood below expectations. (Credit: Getty Images)

U.S. consumer sentiment rose after hitting a record low in June but stood below expectations.

Concretely, the University of Michigan's Surveys of Consumer said the index increased to 49.5 this month, up from 44.8 in May. However, economist surveyed by Reuters expected the figure to be 50.0.

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