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UoM Consumer Sentiment Rose to 60.5 in June

Summary by FXStreet
American consumer confidence regained its smile in early June, as households grew more optimistic about current conditions and the broader economic outlook, according to preliminary data from the University of Michigan.

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The level of consumer confidence rebounded in June in the United States, surpassing analysts' expectations, but without going back to its level prior to Donald Trump's return to the White House, according to a barometer published on Friday.The index evaluating this confidence rose to 60.5 in June, an increase of almost 16% every month, according to a preliminary estimate by the University of Michigan, a benchmark.However, compared to the same pe…

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The University of Michigan's US consumer sentiment index rose more than analysts had expected in June, for the first time since December last year. The preliminary ... ...

The University of Michigan's consumer sentiment index rose to 60.5 in early June from 52.2 in May, the University of Michigan said on Tuesday. The increase was well above Wall Street analysts' expectations and reflected a cooling of consumer sentiment caused by President Donald Trump's tariff chaos.

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FXStreet broke the news in on Friday, June 13, 2025.
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