Business & Finance
US Consumer Sentiment Improves But Remains Close to Record Low
Key Points
US Consumer Sentiment Improves But Remains Close to Record Low US consumer sentiment rose in June as lower gasoline prices provided some relief for Americans grappling with high inflation. The University of Michigan’s final June sentiment index increased to 49.5 this month from a record low 44.8 in May, according to the survey released Friday. That was an improvement from the preliminary reading, but sentiment remained the second lowest in data back to the 1970s.
US Consumer Sentiment Improves But Remains Close to Record Low
US consumer sentiment rose in June as lower gasoline prices provided some relief for Americans grappling with high inflation.
The University of Michigan’s final June sentiment index increased to 49.5 this month from a record low 44.8 in May, according to the survey released Friday. That was an improvement from the preliminary reading, but sentiment remained the second lowest in data back to the 1970s.