U.S. Consumer Sentiment Tumbles Much More Than Previously Estimated In May

India, May 22 -- A report released by the University of Michigan on Friday showed consumer sentiment in the U.S. deteriorated by much more than previously estimated in the month of May.The University of Michigan said its consumer sentiment index for May was downwardly revised to 44.8 from a preliminary reading of 48.2. Economists had expected the index to be unrevised.With the unexpected downward revision, the con...

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