Consumer Sentiment Upbeat
June 16, 2025
Tariffs continue to be an issue, but U.S. consumers are upbeat. According to the latest University of Michigan Survey of Consumer Sentiment, June sentiment improved 16% month-over-month. It was the first monthly jump in six months, but the index remains down 11.3% year-over-year.
Both short- and long-term inflation expectations fell. However, the study indicates ongoing downside risk, reluctance to make big ticket purchases, and concerns about business conditions.
The survey was launched in 1940 and includes a minimum of 500 participants each month.
For more: https://www.sca.isr.umich.edu/