June 13 (UPI) -- Consumer sentiment has risen so far in June as the swirl of concerns related to President Donald Trump's tariffs have chilled.
That's according to the Survey Research Center at the University of Michigan, which said its consumer sentiment index went up for the first time since January, as it rose 16% since May.
The college's Surveys of Consumers Director Joanne Hsu said in a press release Friday that the upward outlook was "unanimous across the distributions of age, income, wealth, political party and geographic region," and that all the components that drive the index also pointed up.
"Consumers appear to have settled somewhat from the shock of the extremely high tariffs announced in April and the policy volatility seen in the weeks that followed," she added.
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