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 WASHINGTON (AP) - Consumer confidence was essentially stuck in a rut as worries about whether gasoline prices will move higher made people feel anxious about the economy's prospects and their own financial positions.
The RBC Cash Index found that confidence clocked in at 87.1 in May. The new figure hovered near April's reading of 85.4, a six-month low. The index is based on the results from the international polling firm Ipsos.
"Consumer confidence appears to be spinning its wheels," observed Richard Yamarone, economist at Argus Research.
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