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Consumer sentiment improves in late Jan.
WASHINGTON (CBS.MW) -- Consumer sentiment improved slightly in late January, according to a survey released Friday by the University of Michigan.
The UMich consumer sentiment index improved to 103.8 in January from 103.2 in the preliminary January reading, media sources said.
The index stood at 92.6 in December.
The increase was unexpected. Economists were expecting a decrease to about 102.9.

9:48am 01/30/04 UMICH JAN. CONSUMER SENTIMENT REVISED TO 103.8 VS.103.2
9:48am 01/30/04 UMICH JAN CONSUMER SENTIMENT BETTER THAN EXPECTED