US consumer sentiment improved in June for the first time this year. The rise was modest and still leaves the University of Michigan’s index about 20% below December 2024, when sentiment posted a post-election bump. “Consumers appear to have settled somewhat from the shock of the extremely high tariffs announced in April and the policy volatility seen in the weeks that followed. However, consumers still perceive wide-ranging downside risks to the economy,” said Joanne Hsu, survey director, said in a statement.
