Consumer Sentiment Declines in December

Ann Arbor, MI, Dec. 21, 2012 -- The final University of Michigan-Thomson Reuters consumer sentiment index fell in December to a reading of 72.9 from 82.7 in November.

That's also lower than the preliminary reading for December at 74.5.

Economists said concerns about the so-called fiscal cliff offset lower gasoline prices and higher stock values.

                                                                                                                                                                                                                                                               
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