Consumer sentiment rises for the first time in three months
- On Friday, The University of Michigan reported consumer sentiment rose 9% to a preliminary reading of 48.9 early this month, marking the first increase since February.
- Global energy price spikes from the United States and Israel's war with Iran previously pushed sentiment to record lows, dampening consumer confidence before the recent recovery.
- Lower-Income consumers exhibited particularly strong sentiment gains, as gasoline price declines in recent weeks provided relief to budgets where fuel costs comprise a larger share.
- TransUnion's Consumer Pulse Survey found inflation remains the top financial concern, rising to 50% from 47%, as consumers adjust to persistent price uncertainty.
- Sentiment remains below historic levels seen during the Great Recession, indicating sustained economic stability is required for a meaningful long-term recovery.
25 Articles
25 Articles
Consumer Sentiment Rises As Gas Prices Dip
The University of Michigan's preliminary June index of consumer sentiment rose 9.2 percent to 48.9 from 44.8, the first improvement in four months. The post Consumer Sentiment Rises As Gas Prices Dip appeared first on Breitbart.
Crude Oil Down Over 3%; US Consumer Sentiment Rises In June - Bakkt (NYSE:BKKT), Park Ha Biological Tech
U.S. stocks traded higher midway through trading, with the Dow Jones index gaining over 250 points on Friday. The Dow traded up 0.56% to 51,134.38 while the NASDAQ rose 0.08% to 25,829.83. The S&P 500 also rose, gaining, 0.32% to 7,418.66. Leading and Lagging Sectors Materials shares jumped by 1.7% on Friday. In trading on Friday, consumer discretionary stocks fell by 1.3%. Top Headline The University of Michigan's consumer sentiment index surge…
U.S. consumer sentiment pushes off record lows as gasoline prices ease
WASHINGTON, D.C. (June 13, 2026) — U.S. consumer sentiment bounced off record lows in early June as easing gasoline prices offered households some relief, though concerns about inflation stoked by the Middle East conflict lingered. Lower-income households led the broad improvement in sentiment reported by the University of Michigan’s Surveys of Consumers on Friday. Gasoline prices have dropped from four-year highs over the past three weeks, ac…
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