Updated: 13-Jun-25 10:32 ET
 |
 |
Updated: 13-Jun-25 10:32 ET |
|

Highlights
- The preliminary University of Michigan Index of Consumer Sentiment for June rose to 60.5 (Briefing.com consensus 53.0) from the final reading of 52.2 for May.
- In the same period a year ago, the index stood at 68.2.
Key Factors
- The Current Economic Conditions Index rose to 63.7 from the final reading of 58.9 for May. In the same period a year ago, the index stood at 65.9.
- The Index of Consumer Expectations rose to 58.4 from the final reading of 47.9 for May. In the same period a year ago, the index stood at 69.6.
- Year-ahead inflation expectations decreased to 5.1% from 6.6%.
- Long-run inflation expectations dipped to 4.1% from 4.2%.
Big Picture
- The key takeaway from the report is that the June survey showed overall improvement in current sentiment and the expectations index, underscored by a sizable drop in year-ahead inflation expectations. Furthermore, there was an improvement in expected business conditions for the short and the long term.
Category |
JUN |
MAY |
APR |
MAR |
FEB |
Sentiment |
60.5 |
52.2 |
52.2 |
57.0 |
64.7 |
Outlook |
58.4 |
47.9 |
47.3 |
52.6 |
64.0 |
Present conditions |
63.7 |
58.9 |
59.8 |
63.8 |
65.7 |