(Reuters) - But it bounced back from June's final reading of 85.3, a 10-month low, and posted the index's best showing since February, when it stood at 91.3.
July's month-on-month gain was tied to consumers' favorable outlook about the economy, particularly regarding future employment and income prospects, the Reuters/University of Michigan Survey of Consumers said in a statement.
Read more at Reuters.com Economic News
July's month-on-month gain was tied to consumers' favorable outlook about the economy, particularly regarding future employment and income prospects, the Reuters/University of Michigan Survey of Consumers said in a statement.
Read more at Reuters.com Economic News
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