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Feeling Good on Jobs: March Consumer Sentiment Rises

Reuters (03/29/13)

The Thomson Reuters/University of Michigan’s final reading on the overall index of consumer sentiment came in at 78.6, up from 77.6 the month before. The final March figure was up sharply from the preliminary reading of 71.8, and above the median forecast of 72.5 among economists polled by Reuters, and was also the highest reading since November. The survey—released on March 29—found that Americans discounted the effects of government budget cuts and instead saw continued healing in the labor market.