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Consumer Mood Brightens

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Jan. 19, 2007 -- Consumer sentiment grew stronger this month, driven by cheaper gas prices and a healthier outlook on the economy, a national survey said Friday.

The mid-month Reuters/University of Michigan consumer sentiment index for January rose to 98 from 91.7 in December, the highest reading since January 2004, analysts said.

The gains include a 7.5-point increase in the survey's expectations index to 88.7.

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Last updated: Jan 19, 2007




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