8/17/2012 11:00:00 AM
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Consumer confidence improved in August, according to the Thomson Reuters/University of Michigan consumer sentiment index released Friday.
The final index for the month rose to a reading of 73.6, from 72.3 in July.
Economists had predicted a small change at 72.2, Bloomberg reported.
The survey’s index of current conditions asks Americans if they are better off than they were a year ago and if it’s a good time to buy big-ticket items.
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