June 15th, 2025
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In June, people felt more positive about the economy for the first time in six months. This is because prices are not changing much, and the US made a trade agreement with China. A report from the University of Michigan showed that people's feelings went up by 16% to 60.5, but this is still less than in December 2024. This happened after President Trump decided to wait before putting extra taxes on many countries and made a short agreement with China. This helped to make people less worried about the economy. However, taxes in the US are still high and might cause more problems later. Republicans feel more positive about the economy than Democrats. But this month, people from all groups felt better, including those who don't support any party. The Federal Reserve will probably be happy that people don't think prices will go up a lot.
June 15th, 2025
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