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February 3, 2016

“Consumer confidence has remained largely unchanged…” – Richard Curtin

“Consumer confidence has remained largely unchanged, as the January reading was just 0.6 percent below last month’s level. The small downward revisions were due to stock market declines that were reflected in the erosion of household wealth, as well as weakened prospects for the national economy,” said Richard Curtin, director of the U-M Surveys of Consumers.

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