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Main Concern of Consumers: Dismal Wage Prospects

By Diane Swasbrow | University of Michigan on May 30, 2014   National  

ANN ARBOR—Consumer confidence declined in May, according to the Thomson Reuters/University of Michigan Surveys of Consumers. Conducted by the U-M Institute for Social Research since 1946, the surveys monitor consumer attitudes and expectations. The decrease in May was not due to the gloomy state of the economy during the 1st quarter—which had the weakest pace […]

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