Consumer Sentiment in U.S. Declines From Six-Year High

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Consumer confidence in June eased from a six-year high as progress in the labor market supported Americans’ views of the economic outlook.

The Thomson Reuters/University of Michigan preliminary index of consumer sentiment declined to 82.7 in June from 84.5 the prior month that was the highest since July 2007, a report today showed. The median forecast in a Bloomberg survey was unchanged at 84.5.