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US consumer confidence nears August 2013 high

Cheaper petrol, more job opportunities are lifting spirits

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SANGUINE: People crowding a coffee shop in Times Square, New York, recently. Americans are more confident about their financial well-being.

Washington

CONSUMER sentiment in the US advanced last week to the second-highest level since 2008 as Americans grew more confident about their financial well-being.

The Bloomberg Consumer Comfort Index climbed to 38.1 in the period ended Nov 2, just short of the five-year high of