Consumer Sentiment Beats Forecast, but Down Year-Over-Year — RISMedia
By: Claudia Larsen | Published: 2025-06-27 16:06:00 | Source: www.rismedia.com
Consumers appear to be feeling more hopeful as summer begins and tariffs remain relatively low impact at the moment, according to the latest data from the University of Michigan.
The final results for the Index of Consumer Sentiment came in at 60.7, a 16% leap above May’s reading of 52.2, and slightly above the preliminary results of 60.5. The final results confirmed the mid-month result of this index seeing its first increase in six months.
“The improvement was broadbased across numerous facets of the economy, with expectations for personal finances and business conditions climbing about 20% or more,” said Surveys of Consumers Director Joanne Hsu.
Sentiment, however, is still down by 11.0% year-over-year, and down 18% from December 2024 when it…
