Shaky Consumer Sentiment a Hurdle to Growth Pickup: Economy

One closely-watched measure of consumer confidence unexpectedly fell in June to a three-month low, highlighting a split in attitudes that is holding back the U.S. economy.

The Thomson Reuters/University of Michigan preliminary sentiment index decreased to 81.2 from 81.9 in May. The median estimate of economists surveyed by Bloomberg had projected an increase after competing gauges strengthened in recent weeks.