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Everything’s coming up roses for Americans. As more vaccine shots go into arms, consumer optimism is the strongest it’s been in a year — they also have stimulus and low interest rates to thank.
The University of Michigan’s consumer sentiment index rose to 86.5 in a preliminary April reading, from 84.9. That level signifies a new pandemic-era high and marks a second straight jump after the headline gauge dipped in February.
Economists surveyed by Bloomberg anticipated a stronger gain to 89.
The university’s measure of current economic conditions also leaped to its highest point since March 2020, climbing to 97.2 from details ⇒
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