A closely watched gauge of U.S. consumer sentiment dropped in early June, a sign that political tensions in Washington may be denting Americans’ confidence in the economy.
The University of Michigan on Friday said its preliminary June reading on consumer sentiment was 94.5, its lowest level since November and down from May’s final figure of 97.1. Economists surveyed by The Wall Street Journal had expected a preliminary June reading…
Source: WSJ: US Business
U.S. Consumer Sentiment Declined in Early June