Input Stories

 Consumer Sentiment Rebounds

By NAM NewsroomJune 13, 2025
NAM President and CEO Jay Timmons holds a press conference at U.S. Capitol with Ways and Means Chairman Jason Smith, Senate Finance Committee Chairman Mike Crapo, House Majority Leader Steve Scalise, House Speaker Mike Johnson and Ketchie, Inc. President and Owner Courtney Silver on the release of a new study by the NAM showing the economic consequences of failing to preserve pro-manufacturing Trump Tax Cuts.


Consumer sentiment has improved for the first time in six months, according to preliminary data from the University of Michigan Surveys of Consumers.

The details: The index of consumer sentiment shot up 16% from last month’s survey but remains about 20% lower than the reading in December 2024.

  • The surveys, taken between May 27 and June 9—after President Trump’s tariff pause but just before the U.S. and China announced a new trade agreement—show particularly big gains in short- and long-term expectations for business conditions.
  • However, consumers still have lower expectations about a range of economic areas—from business conditions to personal finances to the stock market—than they did in December of last year.

Inflation: The survey also shows that inflation expectations dropped from 6.6% last month to 5.1%, while long-run inflation expectations declined from 4.2% to 4.1%. In both cases, these are the lowest readings in three months. Yet consumers are still more fearful about inflation than they were during the second half of last year.