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U.S. consumer sentiment surged in December as Americans’ outlook on the economy and job prospects improved, a survey released Friday showed. The Thomson Reuters/University of Michigan’s preliminary reading on the overall index on consumer sentiment jumped to 82.5 for December, up from a final reading of 75.1 in November. It was the highest reading for the index since July, and topped analyst forecasts for a reading of 76. “All of the improvement was among households with incomes below $75,000, with upper income households showing no gain from last month’s reading,” survey director Richard Curtin wrote in a statement.
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