Consumer sentiment 61.7 vs 61.8 estimated

Economic Indicators - June construction spending decreased by 04% [2] - Manufacturing ISM headline number is 480%, marking the fifth consecutive month in contraction territory [1][2] - Prices paid decreased to 648%, the lowest since February [2] - New orders are light at 471%, remaining under 50% for the fifth consecutive month [2][3] - Employment comes in at 434%, well below expectations [3] Consumer Sentiment - University of Michigan sentiment final read shows a slight decrease from 618 to 617 [3] - Current conditions improved from 668% to 680%, the second-best reading of the year [4] - Expectations decreased from 586% to 577%, the weakest level since March [5] - One-year inflation expectation increased from 44% to 45%, while the 5 to 10-year inflation expectation decreased from 36% to 34%, the second-lowest reading of the year [5] Employment Data - May non-farm payroll was revised from 144000 to 19000, and June was 147000, resulting in a combined minus 258000 [6]