U.S. Consumer Sentiment Rises in June for First Time Since Iran War Began

University of Michigan survey data showed consumer sentiment improved in June for the first time since the Iran war began. The gain followed several weeks of lower gasoline prices. Shopper attitudes stayed near their worst level on record even after the increase.

The survey captured responses after the conflict started and after fuel costs declined. The data provide a monthly snapshot of household views on the economy. No further details on sample size or margin of error were released with the initial figures.