U.S. consumer sentiment will fall slightly in June to 82.7, a survey released on Friday showed.
The Thomson Reuters/University of Michigan's preliminary reading on overall consumer sentiment for June fell by 1.8 points from May's final reading of 84.5. The latest reading was also less than the 83 points expected by economists polled by Briefing.com.
The survey of about 500 consumers is a leading indicator of consumer spending and measures overall economic activity.
Malik Singleton covers manufacturing and other economic news. His previous roles were with City Limits, TIME.com, Black Enterprise and PCMag.com. He is an adjunct at CUNY's...