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November 22, 2006

Consumer Sentiment Slips Slightly

Consumer sentiment dipped in November from its October levels, according to a University of Michigan survey.

Lower gasoline prices and a stock market boom helped lift consumer sentiment in October, but expectations slipped the following month as gas prices increased toward Thanksgiving weekend.

Still, economists are pointing to positive signs in the economy, including slowing inflation and high employment rates.

Posted by Blacks on November 22, 2006 09:21 AM

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