U.S. consumers have soured again on the economy this month, as the closely watched Thomson Reuters/University of Michigan index reading reached a five-month low at 77.5. Analysts point to higher interest rates as one negative factor. "Most surveys show that consumer confidence has softened in recent months. The reading is still higher than a few years ago, and that's mostly due to higher home prices and gradual improvement in the labor market," said Ryan Wang, a New York-based economist at HSBC Securities USA.
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