Consumer Confidence Sustains High Level on Buying
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American consumer sentiment held last week near the highest level of the year as an improving job market made households more inclined to spend.
The Bloomberg Consumer Comfort Index was little changed at 37.5 in the week ended July 13 compared with 37.6 in the prior period, a report today showed. The buying-climate gauge climbed to its second-highest reading in more than six years, offsetting a decline in views on the economy and finances.