|US consumer sentiment index reaches 14-month high|
|News - St Augustine Area & St Johns County|
WASHINGTON — A measure of U.S. consumer confidence reached its highest level since July 2013, led by greater optimism that the economy will grow and incomes will rise.
The University of Michigan said Friday that its index of consumer sentiment rose to 84.6 in September from 82.5 in August. That’s the second-highest level in the past seven years, although the index has rarely topped 85 since the Great Recession. Before the downturn, it typically stood above 90.
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