Consumer sentiment in the U.S. improved by more than previously estimated in the month of August, according to a report released by Thomson Reuters and the University of Michigan on Friday.
The report showed that the consumer sentiment index for August was upwardly revised to 74.3 from the mid-month reading of 73.6.
Economists had expected the index to be unrevised from the preliminary reading, which already reflected an increase from the 72.3 recorded in July.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.