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Consumer sentiment up slightly in late June- UMich
WASHINGTON (CBS.MW) -- Consumer sentiment improved slightly in late June, according to media reports Friday of proprietary research from the University of Michigan.
The UMich consumer sentiment index improved to 95.6 in June from 95.2 earlier in the month.
The index is above May's 90.2 level.
The improvement was unexpected. Economists were expecting a slight decrease to about 94.0 in late June.
WASHINGTON (CBS.MW) -- Consumer sentiment improved slightly in late June, according to media reports Friday of proprietary research from the University of Michigan.
The UMich consumer sentiment index improved to 95.6 in June from 95.2 earlier in the month.
The index is above May's 90.2 level.
The improvement was unexpected. Economists were expecting a slight decrease to about 94.0 in late June.