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US Michigan Consumer Sentiment Rises To 48.9 In June

The University of Michigan’s consumer sentiment index for the United States registered 48.9 in June, surpassing the consensus estimate of 46. The reading improved from May’s 44.8, marking a 4.1-point increase over the prior month. Despite the gain, the index remains below the 50 threshold that typically separates optimism from pessimism, continuing a subdued trend seen through early 2026. The improvement was driven mainly by stronger assessments of current economic conditions, while expectations for future finances showed modest recovery. Compared with the 12‑month average near the mid‑50s, sentiment remains historically weak as inflation and borrowing costs continue to weigh on household confidence. Markets showed limited reaction, with investors awaiting upcoming retail sales data and Federal Reserve communications for further signals on consumer resilience. Updated 6/12/26