US Consumer Sentiment Rebounds in Early June

2026-06-12 14:04 By Joana Ferreira 1 min. read

The University of Michigan’s Consumer Sentiment Index rose to 48.9 in early June 2026, up from May’s all-time low of 44.8 and above market expectations of 46.

The modest recovery reflected some relief from early-month easing in gasoline prices, with improvements seen across age, education, and political groups.

Lower-income consumers, for whom gasoline represents a larger share of budgets, showed a particularly strong increase in sentiment.

Assessments of personal finances and business conditions both improved this month.

However, despite June’s early gains, overall economic sentiment remains relatively low, 13% below January 2026 and 19% below a year ago, as consumers continue to focus on everyday financial pressures.

Inflation concerns remain a key issue.

Year-ahead inflation expectations edged down to 4.6% from 4.8% in May, while long-run inflation expectations fell to 3.4% from 3.9%.

Consumers still worry that inflation could remain stubbornly high, particularly in the short term.



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