Consumers Warming up as Sentiment Improves for First Time in 6 Months — RISMedia
By: Claudia Larsen | Published: 2025-06-13 16:45:00 | Source: www.rismedia.com
Consumers may finally be warming up to the economy again, and just in time for summer, according to the latest data from the University of Michigan.
The preliminary results for June’s Index of Consumer Sentiment came in at 60.5, a 15.9% from the 52.2 reading seen in May. This is the first increase in sentiment seen in six months. However, sentiment is still down 11.3% from the same time last year.
“These trends were unanimous across the distributions of age, income, wealth, political party and geographic region,” said Surveys of Consumers Director Joanne Hsu. “Moreover, all five index components rose, with a particularly steep increase for short and long-run expected business conditions, consistent with a perceived easing of pressures from…