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The Guardian - US
The Guardian - US
Business
Gaya Gupta

US consumer sentiment improves in June due to easing gas prices

a gas station
The price of gasoline is displayed at a gas station near the highway in Encinitas, California, on 30 April 2026. Photograph: Mike Blake/Reuters

Easing gas prices are making Americans feel better about their personal finances and the economy in June, but consumer sentiment remains at historically low levels amid ongoing conflict in the Middle East, according to new survey data from the University of Michigan.

The latest numbers come as SpaceX marks its historic stock market debut, which has made Elon Musk the world’s first trillionaire. Yet many Americans still feel like they are struggling even as the stock market reaches record highs.

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