US Consumer Sentiment Rises as Gasoline Prices Ease

US consumer sentiment rose in early June for the first time in four months as the University of Michigan’s preliminary sentiment index increased to 48.9 in June from a record low 44.8 in May. Joanne Hsu, director of University of… US consumer sentiment rose in early June for the first time in four months as the University of Michigan’s preliminary sentiment index increased to 48.9 in June from a record low 44.8 in May. Joanne Hsu, director of University of Michigan Surveys of Consumers, provides background on the numbers. (Source: Bloomberg)