Easing gas prices give 'fairly sour' consumer sentiment a lift from all-time low

Consumer sentiment has shown a rebound this month, according to a recent update from the University of Michigan. This comes after sentiment hit an all-time low in May. The rebound is attributed to easing gas prices, which has given sentiment a lift.

Prior to this, sentiment was described as fairly sour. Further details on the update can be found through the University of Michigan's report, as reported by KTXS, for those looking for more information on the current state of consumer sentiment.