The final June consumer sentiment reading was 49.5, up slightly from the earlier reading of 48.9, according to the University of Michigan’s Surveys of Consumers. While sentiment increased 10.5% from May, the year-over-year change fell 18.5%.
“Consumer sentiment confirmed its early-month reading, rising about 10% above May as gas prices moderated,” Surveys of Consumers Director Joanne Hsu said, adding that consumers’ concerns over long-term impacts from the war in Iran seem to be easing. “Still, sentiment remains in unfavorable territory at 13% below the February 2026 reading prior to the start of the Iran conflict, and nearly 20% less than a year ago,” she said.
For the third consecutive month, over half of consumers spontaneously said that high prices were weighing down their personal finances, according to Hsu.
Read the full report here.
