The University of Michigan Consumer Sentiment Index increased 16.3% in June compared to the month prior, landing at 60.7, according to final results for the month. The June figure was down 11% from a year ago. The current conditions component of the index rose 10% from the month prior, landing at 64.8, while the consumer expectations index increased 21.3% to 58.1.
With failure on procedural motion, Clarity Act’s future is uncertain
The Senate voted 50-49 against ending debate on the Clarity Act. By failing to reach the 60-vote threshold needed for cloture, senators signaled their unwillingness to pass the legislation in its current form.
