Consumer sentiment in the U.S. improved slightly less than initially estimated in the month of April, according to revised data released by the University of Michigan on Friday.
The report showed the consumer sentiment index for April was downwardly revised to 65.2 from the preliminary reading of 65.7. Nonetheless, the index is still sharply higher than the final March reading of 59.4.
Surveys of Consumers chief economist, Richard Curtin said the rebound from the previous month was concentrated in expectations, with the year-ahead outlook for the economy spiking by 21.6 percent and personal financial expectations surging by 18.3 percent.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.