Consumer sentiment will be improved for the first time in six months.

But it’s still much lower than December.

According to the core gauge of consumer sentiment by the US university, consumers are a bit more optimistic about the economy this month.

The University of Michigan’s consumer survey rose for the first time in six months and increased to 60.5 points in June to 52.2 in May, the lowest score since 2022.

The benefit ends the reduction of six consecutive months for the index. The 60.5 score was still 20% lower than last December and 11% lower than the 68.2 grade in June 2024.

In a survey by consumer Joanne HSU, “consumers seem to have settled somewhat about the very high tariffs announced in April and the policy volatility seen in the several weeks.” “But consumers are still aware of the risk of a wide range of decline in the economy. Their view of the purchase conditions for business conditions, personal finances, large ticket items, labor markets and stock markets remains 6 months ago. Despite the remarkable improvement of this month, consumers continue to keep and concern about the economy of the economy.”

Consumers are pessimistic due to the suspension of tariffs.

Consumers’ surveys are divided into two indexes. One is to collect current economic conditions and the expectations of consumers.

The index of the current economic situation has increased from 58.9 to 63.7 in May. But a year ago, it remains less than 3% compared to the 65.9 score per month.

Consumer expectations increased from 47.9 in May to 58.4 in June. The June score is 16% lower than June 2024 at 69.6, so consumers are still pessimistic.

HSU said the trend was unanimously in various demographic groups, including age, income, wealth, political parties and geographic regions.

Consumers’ surveys also investigate the attitude of inflation. According to a June survey, consumers found that they did not have the same fear of inflation last month.

HSU said, “The fear of consumers on the potential impact of tariffs on the future inflation has been somewhat relaxed in June, reflecting the extensive belief that inflation still contributes to the increase in inflation than the reading that can be seen in late 2024.

Specifically, consumers expect inflation to decrease by 6.6%last month, with inflation in the future last month.

In the long term, inflation expectations fell from 4.2%last month to 4.1%. Expectations for the future and long -term inflation are the lowest in three months.

Nevertheless, stocks dropped significantly on Friday, and the average of Dow Jones fell by 850 or 2%, while the S & P 500 fell by about 75 points or 1.2%. NASDAQ composite fell 275 points or 1.4%and the Russell 2000 index fell 32 or 1.5%.