Consumer Sentiment Rises Slightly, But Falls Short of January Forecast

It was a decent week for the U.S. economy: Inflation remained low in December and for all of 2009, continuing claims for unemployment again declined substantially, and the Reuters/University of Michigan consumer sentiment index improved in January to 72.8 from 72.5 in December (final), although the preliminary reading for the month came in below the consensus estimate, Reuters reported Friday.

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