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Consumer sentiment climbed last week to its highest level in more than five years as Americans became increasingly convinced the time was right to spend. The Bloomberg Consumer Comfort Index rose to minus 27.5 in the period ended June 30, its highest level since January 2008, from minus 28.3 a week earlier. Measures of personal finances and buying climate gained. Higher home values and improvements in the labor market are helping boost demand for housing and automobiles as consumers gain confidence the expansion will continue. http://www.bloomberg.com/news/2013-07-03/consumer-comfort-in-u-s-climbs-to-highest-level-in-five-years.html