Ann Arbor, June 16, 2006--Consumer sentiment improved in early June, according to proprietary research from the University of Michigan released Friday.
The university’s consumer sentiment index rose to 82.4 in June from 79.1 in May. It's the first increase since March.
Economists were expecting sentiment to be unchanged. The current conditions index rose to 103.1 vs. 96.1, while the expectations index rose to 69.2 from 68.2.
