THE HALFAX HEIMDALL AUGUR

Now 93° Wed 96° Thu 96° byCORY SMITH | The National News Desk (TNND) —Consumer confidence inched up in June, but only after a big downward revision to The Conference Board's gauge of how Americans felt about the economy and their personal finances in May. Yelena Shulyatyeva, a senior U.S. economist for The Conference Board, said Tuesday thatthe June improvementcan be taken as a “glass half full or glass half empty.” But either way, she said consumer confidence remains low. The Conference Board’s index of consumer confidence rose 0.6 points to 91.2 in June after May was revised down to 90.6 from 93.1. The consumer confidence index remains among the lowest readings over the past 12 months and is the lowest June reading in over a decade. But the sour sentiment has eased a bit as gas prices continue to fall. Thenational average for a gallon of gaswas $3.85 as of Tuesday, according to AAA. Gas priceshave been fallingfor five weeks. Shulyatyeva said consumers have taken notice of falling gas prices. And they’re expressing fewer concerns about the war in Iran. But concerns over high prices remain high, she said. “I expect consumers to continue to be selective in terms of wha…

US consumer sentiment improves in June due to easing gas prices <p>Consumer sentiment still remains at historically low levels amid Iran war and rising inflation, new survey shows</p><p>Easing gas prices are making Americans feel better about their personal finances and the economy in June, but consumer sentiment remains at historically low levels amid ongoing conflict in the Middle East, according to new survey data from the University of Michigan.</p><p>The latest numbers come as SpaceX <a href="https://www.theguardian.com/science/2026/jun/12/spacex-stock-price-ipo-spcx">marks its</a> historic stock market debut, which will likely make Elon Musk the world’s first trillionaire. Yet many Americans still feel like they’re struggling even as the stock market reaches record-highs.</p> <a href="https://www.theguardian.com/business/2026/jun/12/consumer-sentiment-june-data-gas-prices">Continue reading...</a>

Consumer sentiment rises for the first time in three months Gas prices have declined in recent weeks, which has helped consumer sentiment recover. Spencer Platt/Getty Images Economy Inflation Investing Oil & gas See all topics Facebook Tweet Email Link Threads Link Copied! Follow Summary Consumer sentiment rose for the first time in three months as gas prices eased, according to new data. But sentiment remains at historically low levels after years of economic shocks, the latest University of Michigan survey shows. Experts say Americans may be adapting to ongoing price volatility following recent inflation and the Iran war. AI-generated summary was reviewed by a CNN editor. Washington — Consumer sentiment may finally be recovering after falling to historic lows due to wartime price spikes. The University of Michigan’s latest survey of Americans, released Friday, showed that sentiment rose 9% to a preliminary reading of 48.9 early this month, the first increase since February, before the United States and Israel’s destabilizing war with Iran sent global energy prices surging. Gas prices, which heavily influence people’s perception of the economy, climbed in the several weeks after …

US consumer sentiment improves in June | The Mighty 790 KFGO WASHINGTON, June 12 (Reuters) – U.S. consumer sentiment improved in early June as easing gasoline prices offered ​households some relief, though concerns ‌about inflation lingered, a survey showed on Friday. The University of Michigan’s Surveys of Consumers said its Consumer Sentiment Index ‌increased ​to 48.9 this month ⁠from a record ⁠low of 44.8 in May. Economists polled by Reuters had forecast the index climbing to 46.0. “Lower-income consumers ​exhibited a particularly strong sentiment increase, consistent with the fact ⁠that gasoline comprises a ⁠larger share of their ​budgets,” said Joanne Hsu, the director of ​the Surveys of Consumers. “Consumers remain focused ‌on kitchen table issues. They feel burdened by the recent escalation in inflation and worry that ⁠higher inflation could remain stubborn going forward, particularly in the short run.” The survey’s measure ⁠of ‌consumer expectations for inflation over ⁠the next year slipped ​to ‌a still-high 4.6% this month ​from 4.8% ⁠in May. Consumers’ expectations for inflation over the next five years dropped to 3.4% from 3.9% last month. (Reporting by Lucia Mutikani; …

US Michigan Consumer Sentiment Improves in June, But Inflation ... Home Live Comments US Michigan Consumer Sentiment Improves in June, But Inflation Worries Remain Elevated US Michigan Consumer Sentiment Improves in June, But Inflation Worries Remain Elevated By ActionForex Jun 12 26, 14:08 GMT Facebook X Pinterest WhatsApp Linkedin Email Print US consumer sentiment improved noticeably in June, with the University of Michigan’s headline index rising from 44.8 to 48.9 as easing gasoline prices provided some relief to households. The gain was broad-based, with improvements recorded across age groups, education levels and political affiliations. The Current Economic Conditions index rose from 45.8 to 48.3, while Consumer Expectations climbed from 44.1 to 49.3, suggesting consumers became somewhat less pessimistic about both present conditions and the outlook ahead. According to Surveys of Consumers Director Joanne Hsu, the improvement was largely driven by lower fuel costs early in the month. “Consumers experienced some relief due to the early-month easing in gasoline prices,” she noted. Assessments of personal finances and business conditions also improved. However, Hsu cautioned th…

Now 93° Wed 96° Thu 96° byCORY SMITH | The National News Desk (TNND) —Consumer confidence inched up in June, but only after a big downward revision to The Conference Board's gauge of how Americans felt about the economy and their personal finances in May. Yelena Shulyatyeva, a senior U.S. economist for The Conference Board, said Tuesday thatthe June improvementcan be taken as a “glass half full or glass half empty.” But either way, she said consumer confidence remains low. The Conference Board’s index of consumer confidence rose 0.6 points to 91.2 in June after May was revised down to 90.6 from 93.1. The consumer confidence index remains among the lowest readings over the past 12 months and is the lowest June reading in over a decade. But the sour sentiment has eased a bit as gas prices continue to fall. Thenational average for a gallon of gaswas $3.85 as of Tuesday, according to AAA. Gas priceshave been fallingfor five weeks. Shulyatyeva said consumers have taken notice of falling gas prices. And they’re expressing fewer concerns about the war in Iran. But concerns over high prices remain high, she said. “I expect consumers to continue to be selective in terms of wha…

Consumer confidence stays low despite June uptick - WCIV Now 83° Wed 93° Thu 94° byCORY SMITH | The National News Desk (TNND) —Consumer confidence inched up in June, but only after a big downward revision to The Conference Board's gauge of how Americans felt about the economy and their personal finances in May. Yelena Shulyatyeva, a senior U.S. economist for The Conference Board, said Tuesday thatthe June improvementcan be taken as a “glass half full or glass half empty.” But either way, she said consumer confidence remains low. The Conference Board’s index of consumer confidence rose 0.6 points to 91.2 in June after May was revised down to 90.6 from 93.1. The consumer confidence index remains among the lowest readings over the past 12 months and is the lowest June reading in over a decade. But the sour sentiment has eased a bit as gas prices continue to fall. Thenational average for a gallon of gaswas $3.85 as of Tuesday, according to AAA. Gas priceshave been fallingfor five weeks. Shulyatyeva said consumers have taken notice of falling gas prices. And they’re expressing fewer concerns about the war in Iran. But concerns over high prices remain high, she said. “I ex…

Consumer confidence stays low despite June uptick - ABC 33/40 Now 86° Wed 95° Thu 95° A heat advisory is in effect through 9pm Tuesday byCORY SMITH | The National News Desk (TNND) —Consumer confidence inched up in June, but only after a big downward revision to The Conference Board's gauge of how Americans felt about the economy and their personal finances in May. Yelena Shulyatyeva, a senior U.S. economist for The Conference Board, said Tuesday thatthe June improvementcan be taken as a “glass half full or glass half empty.” But either way, she said consumer confidence remains low. The Conference Board’s index of consumer confidence rose 0.6 points to 91.2 in June after May was revised down to 90.6 from 93.1. The consumer confidence index remains among the lowest readings over the past 12 months and is the lowest June reading in over a decade. But the sour sentiment has eased a bit as gas prices continue to fall. Thenational average for a gallon of gaswas $3.85 as of Tuesday, according to AAA. Gas priceshave been fallingfor five weeks. Shulyatyeva said consumers have taken notice of falling gas prices. And they’re expressing fewer concerns about the war in Iran. But …

Consumer sentiment improves in June - The Detroit News BUSINESS Consumer sentiment improves in June Lucia Mutikani Reuters June 12, 2026, 10:43 a.m. ET Hear this story View Comments Washington — U.S. consumer sentiment improved in early June as easing gasoline prices offered households some relief, though concerns about inflation lingered, a survey showed on Friday. The University of Michigan's Surveys of Consumers said its Consumer Sentiment Index increased to 48.9 this month from a record low of 44.8 in May. Economists polled by Reuters had forecast the index climbing to 46.0. "Lower-income consumers exhibited a particularly strong sentiment increase, consistent with the fact that gasoline comprises a larger share of their budgets," said Joanne Hsu, the director of the Surveys of Consumers. "Consumers remain focused on kitchen table issues. They feel burdened by the recent escalation in inflation and worry that higher inflation could remain stubborn going forward, particularly in the short run." The survey's measure of consumer expectations for inflation over the next year slipped to a still-high 4.6% this month from 4.8% in May. Consumers' expectations for inflation over the ne…

Data: U.S. Consumer Sentiment Improves for First Time in 6 Months The latest University of Michigan U.S. consumer sentiment survey revealed that consumer optimism surged regarding the economy in June vs. a month prior. The U of M’s index for consumer sentiment increased to 60.5 in June from 52.2 in May, reflecting a 15.9% increase month-over-month, but still 20% below December 2024 expectations. Additionally, June’s figure was down 11.3% year-over-year. Economists polled by news outlets forecasted a preliminary reading of 53.5 in June. In the Store: MDM’s U.S. MRO Market Trends Report The Survey of Consumers director noted that June saw broad increases consistently across all groups by age, income, wealth, political party and geographic region. source:tradingeconomics.com The survey noted that consumers sensed a relative easing of tariff-related pressures, noting that while concerns about broader economic risks remain, sentiment has stabilized somewhat since the initial shock of April’s high tariffs and the subsequent policy volatility. MDM‘s (free) Virtual Data Analytics Summit coming June 18 – Register Here! According to the survey results, long-run inflation expectations…

Consumer sentiment improves but stays near all-time low, survey shows ... Shopper attitudes improved for the first time since the start of the Iran war. Consumer sentiment improved in June for the first time since the outbreak of theIran waras gasoline prices eased in recent weeks, but shopper attitudes remained near their worst level on record,University of Michigansurvey data on Friday showed. The reading exceeded economists' expectations. The survey snapped three consecutive months of dampening consumer sentiment, recovering from an all-time low in May, data showed. The University of Michigan has conducted the survey for the past 80 years. This improvement in sentiment was widespread, seen across age, education and political party, Surveys of Consumers Director Joanne Hsu said in a statement. Overall assessments and expectations of personal finances and business conditions all rose in June, she noted. The fresh figure comes days after a government report on inflationshowedthe pace of price increases exceeded 4% for the first time in three years. Prices rose 4.2% in May compared to a year earlier, increasing 0.5% from the prior month, according toU.S. Bureau of Labor Statis…