Posted on

Sentiment Recovers but Has No Immunity to This Virus

Share

Americans aren’t feeling quite as glum now as they were last month. So long as the economy remains in the grips of Covid-19 crisis, though, their optimism will face limits.

The University of Michigan on Friday said that in a preliminary reading its consumer sentiment index rose to 78.9 in June from 72.3 in May. Both components of the index, one based on what people surveyed say the economy is like now and the other on what they expect it will be like 12 months from now, gained.

Read More