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<div id="pastingspan1"><span style="">The University of Michigan said on Friday that consumers are feeling more optimistic this month according to The Index of Consumer Sentiment, which hit 95.8 in May. </span></div><div id="pastingspan1"><span style=""><br /></span></div><div id="pastingspan1"><span style="">The monthly survey of 500 consumers measures outlook on a wide range of subjects including personal finances, inflation, unemployment, government policies and interest rates. </span></div><div id="pastingspan1"><span style=""><br /></span></div><div id="pastingspan1"><span style="">In a CNBC story, Richard Curtin, a chief economist of the survey, said the results demonstrate that an improved jobs outlook and expectations of lower inflation are offsetting the doubt surrounding the November elections. </span></div><div id="pastingspan1"><span style=""><br /></span></div><div id="pastingspan1"><span style="">"To be sure, the data still indicated the negative impact of uncertainty about future economic policies associated with the presidential election, but its overall impact was overwhelmed by favorable economic developments," Curtin said in a statement.</span></div><div id="pastingspan1"><span style=""><br /></span></div><div id="pastingspan1"><span style="">To read the original CNBC story, click <a href="http://www.cnbc.com/2016/05/13/university-of-michigan-reports-preliminary-consumer-sentiment-for-may-2016.html?utm_source=1851franchise.com&utm_medium=article&utm_campaign=consumer-sentiment-hits-high-for-the-year-is-franchising-feeling-the-effects-4619" target="_blank" rel="nofollow" target="_blank">here</a>. </span></div><div style="  font-style: normal; normal;  normal;"></div>

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Preliminary data released on Friday shows optimism 

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