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Preliminary October Consumer Sentiment declines to 87.9

The preliminary University of Michigan consumer sentiment index for October was at 87.9, down from 91.2 in September.he Sentiment Index slipped in early October to its lowest level since last September and the second lowest level in the past two years. The early October loss was concentrated among households with incomes below $75,000, whose Index fell to its lowest level since August of 2014.
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