New York, NY, July 1--Consumer sentiment improved in late June, according to the University of Michigan consumer sentiment survey. The index rose to 96.0 from 94.8 in early June and 86.9 in May, which was it highest since December.
Economists were expecting the index to slip to 94.5.
The current conditions index rose to 113.2 from 110.4 in early June and 104.9 in May. It's the highest since November 2000. The expectations index rose 85.0 from 84.8 in early June and 75.3 in May. It's the highest since January.
