U.S. consumer sentiment dips in July

U.S. consumer sentiment edged down in July, while an index of consumer expectations weakened for a third straight month, a survey released on Friday showed. The Thomson Reuters/University of Michigan's final July reading on the overall index on consumer sentiment came in at 81.8, a touch below the 82.0 estimate and down from the final June reading of 82.5. "What has recently dominated the attention of consumers is job and income growth," survey director Richard Curtin said in a statement. The survey's gauge of consumer expectations fell for a third straight month, to 71.8 from 73.5.

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