AC

Consumer sentiment surprises in early June reading, moving opposite of expectations … CNBC June 15, 2018 at 03:15PM

Consumer sentiment surprises in early June reading, moving opposite of expectations … CNBC

 

Consumer sentiment surprises in early June reading, moving opposite of expectations

  • Consumer sentiment jumped in the beginning of June, moving opposite of expectations and heading back toward levels seen earlier this year.

  • The survey measures 500 consumers’ attitudes on future economic prospects.

Michael Sheetz

Consumer sentiment jumped in the beginning of June, moving opposite of expectations and heading back toward levels seen earlier this year.

The University of Michigan’s Friday report on consumer attitudes about the economy hit 99.3 in a preliminary June reading, higher than the 98.3 expected by a survey of Reuters economists. The index was more than
a point above May’s reading of 98.

The survey measures 500 consumers’ attitudes on future economic prospects, in areas such as personal finances, inflation, unemployment, government policies and interest rates.

 

Read More: Consumer sentiment surprises in early June reading, moving opposite of expectations … CNBC

gbpusd gbp-usd

Advertisements

Categories: AC, FC, SGM

Tagged as: ,