US EditionUS Consumer Confidence Retreats in June
- The Conference Board released its Consumer Confidence Index on June 25, showing a decline to 93.0 from 98.4 in May.
- The decline followed increased consumer pessimism about future business conditions, job prospects, and income amid tariff and inflation concerns.
- The Expectations Index, which gauges consumers' near-term views on earnings, economic conditions, and job availability, declined by 4.6 points to 69. Meanwhile, the Present Situation Index decreased by 6.4 points, reaching 129.1.
- Stephanie Guichard noted the decline was broad-based, with almost half of May's gains erased as consumers grew more negative about business conditions and employment availability.
- The drop suggests weakened confidence that could impact consumer spending, particularly on big-ticket items, while recession fears remained slightly elevated in June.
25 Articles
25 Articles
Consumer confidence in U.S. economy falls for the fifth time in six months amid geopolitical concerns
Consumer confidence in the economy fell in June according to The Conference Boards monthly Consumer Confidence Survey released Tuesday.Its the fifth time in the last six months the report has shown a decline and cuts nearly half of the gains from Mays report.The survey accounts for business conditions, inflation and jobs reports.Whats really concerning though, according to experts, is the expectations index which looks at short-term outlook. Tha…
Americans' view on economy sours in June and, after a brief respite, continues to slide
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…
Americans aren't buying it: US consumer confidence in the economy sours in June
Americans are not optimistic about today's economy — or its future. They are not buying Trump's "everything will be great" rhetoric. In May, after TACO chickened out on his China tariffs, there was a brief uptick in sentiment. In June, consumer...
Consumer confidence in the United States deteriorated again in June after an upturn in May, amid concerns over the impact of tariffs imposed by President Donald Trump, according to a barometer published on Tuesday, June 24.The index evaluating this confidence published by the professional association Conference Board fell from 98.4 points in May to 93 in June, a difference of 5.4 points. Analysts expected instead a slight improvement, according …
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