Consumer Sentiment Rises
June 15, 2018
Friday’s University of Michigan’s report on consumer sentiment regarding the economy hit 99.3 in a preliminary June reading. The reading was the highest since March of this year.
Consumers viewed their current financial situation and buying conditions improving. They also reported more optimism about future income and job prospects.
The university survey measures nearly 500 consumer attitudes on future economic prospects, personal finances, inflation, unemployment, and interest rates.