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The final reading of consumer sentiment in June showed a big improvement in how Americans view the economy and their own finances, but they are far from confident.

(RTTNews) - A report released by the University of Michigan on Friday showed consumer sentiment in the U.S. improved by slightly more than previously estimated in the month of June.

The report indicated that Michigan Consumer Sentiment increased from 52.2 in May to 60.7 in June, compared to analyst forecast of 60.5. More information in our economic calendar.