UM Consumer Sentiment And Expectations Tick Up Mid-June

All three of the main indexes in the University of Michigan’s semi-monthly consumer surveys bounced back in the mid-June reading. Perhaps most important for foodservice, Consumer Expectations rose 7.2 points to 73.1. Both the Consumer Sentiment and Current Economic Conditions indexes also rose smartly. The Consumer Sentiment Index stood at 78.9; that’s still more than…