US consumer sentiment improves a bit in August

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WASHINGTON (AP) — U.S. consumer sentiment ticked up in August, driven by greater optimism about jobs, rising incomes, and increasing wealth. Yet the increase largely occurred among higher-income groups.

The University of Michigan said Friday its index of consumer sentiment rose to 82.5 from 81.8 in July. The August level is only slightly higher than it was a year ago.

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