Consumer Sentiment, according to the UoM, stood at 52.2 in May, unchanged from April, after falling for four consecutive months. The Current Conditions Index fell to 58.9 from 59.8 in the same period, while the Consumers Expectations Index ticked modestly higher to 47.9 from 47.3.

US consumer sentiment rose by the most since January 2024 as concerns about the economy eased and short-term inflation expectations showed a marked improvement.

Consumer sentiment increased in June for the first time in six months, the latest sign that Americans’ views of the economy have improved as inflation has stayed tame and the Trump administration has