"The turnaround is largely due to renewed gains in employment, with more consumers expecting declines in the jobless rate than at any other time in the long history of the Michigan surveys," said Surveys of Consumers chief economist Richard Curtin.
The University of Michigan's consumer-sentiment index spiked more than 9% to 78.9 in June from 72.3 in May, according to. It's the second monthly gain for the index after it posted a surprise jump in May after a record slump in April. Still, the index is down nearly 20 points on the year. The current economic conditions index surged to 87.8 in June from 82.3 in May, while the index of consumer expectations jumped to 73.1 from 65.9 in the prior month.
As a great man once said, It ain't over til it's over!
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Nigeria Nigeria Latest News, Nigeria Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Inside story of Brex layoffs after $150 million raise - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »
How brands can create opportunity through direct-to-consumer channels - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »
US business debt spiked 18.8% in the first quarter of 2020 - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Alt lender Prospa announces solid March performance - Business Insider - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Affirm launches high-yield savings account - Business Insider - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. With the HIGH interest rates they charge, it’s the least they can do for those using these crooks as their savings bank.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Amazon and Goldman Sachs partner on SMB lending - Business Insider - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Check It out! Do You Want To create 3d construction animation video hey AnandWrites our two favorite corps are now partnering because why not? (Sarcasm) Goldman Sachs: The Real Superpredators
Source: BusinessInsider - 🏆 729. / 51 Read more »