Consumer Sentiment Slides at the Beginning of 2018

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U.S. households became less confident about the economic outlook at the beginning of 2018, with sentiment easing for the third consecutive month from its highest level in a decade.

The University of Michigan on Friday said its consumer-sentiment index was 95.7 in January, down from 95.9 in December. It dropped in December and November after hitting the highest level since 2004 in October.

Economists…

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