US EditionAmericans Are Feeling Worse About the Economy — Especially Republicans
UNITED STATES, JUN 24 – Consumer confidence fell to 93.0 in June, with all major expectations indices weakening and erasing nearly half of May's gains, The Conference Board reported.
- The Conference Board indicated a notable drop in its consumer confidence index to 93 in June 2025, reflecting a decline in U.S. economic optimism.
- This decline followed May gains after a U.S.-China tariff agreement but occurred amid rising Middle East tensions and uncertainty over President Trump's economic policy.
- All three components of the Expectations Index—business conditions, employment prospects, and future income—deteriorated, with the appraisal of current job availability declining for the sixth month.
- Stephanie Guichard, Senior Economist at The Conference Board, indicated that consumer confidence declined in June, reversing nearly half of the strong increase seen in May, while the Expectations Index fell to 69.0.
- The decline suggests growing consumer pessimism may signal economic slowdown risks, especially as values under 80 often indicate looming recession according to the research group.
52 Articles
52 Articles
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Americans’ view of the economy slides in June, wiping out gains from previous month
By MATT OTT, AP Business Writer WASHINGTON (AP) — Americans’ view of the U.S. economy worsened in June, resuming a downward slide that had dragged consumer confidence to its lowest level since the COVID-19 pandemic five years ago. The Conference Board said Tuesday that its consumer confidence index slid to 93 in June, down 5.4 points from 98.4 last month, which represented a brief uptick. In April, American consumers’ confidence in the economy s…
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