The University of Michigan Consumer Sentiment Index is so far, so good for June, as reported by CNBC:
Consumer attitudes are stable so far this month, as Americans weigh better wages against more uncertain feelings about the U.S. economy, according to a survey.
The Index of Consumer Sentiment hit 94.3 in June, the University of Michigan said Friday. Economists expected the index to hit 94 in June's preliminary reading, compared with 94.7 in May's final reading.
"The strength recorded in early June was in personal finances, and the weaknesses were in expectations for continued growth in the national economy," said Richard Curtin, chief economist of the survey.
Consumers rated their current financial situations at the best levels since 2007 as wages bounced, Curtin said in a statement. But that was offset by a slip in consumers' view of the economy's health, Curtin said.