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Consumer sentiment in US slumps by most since October 2008

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US consumer sentiment plummeted in March by the most since October 2008 as mounting Covid-19 cases nationwide and business closures elevated concerns about the economy.

[WASHINGTON] US consumer sentiment plummeted in March by the most since October 2008 as mounting Covid-19 cases nationwide and business closures elevated concerns about the economy.

The University of Michigan's final sentiment index for the month slumped 11.9 points to a three-year low of...

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