Consumer sentiment lifted 11% in June, reaching its highest level since October 2021, a sign of greater optimism as inflation continued to ease and stock market performance strengthened. Sentiment is now about halfway between the all-time historic low of 50 from June 2022 and the February 2020 pre-pandemic reading of 101, a reflection of the material improvement in the economic experiences of consumers relative to the peak of high inflation last year, according U-M economist Joanne Hsu , director of the Surveys of Consumers.

https://www.miragenews.com/personal-finances-business-conditions-boost-1056180/

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