US Edition
US Consumer Confidence Retreats in June
- The Conference Board published the US Consumer Confidence Index on June 24, showing a decline to 93 from 98.4 in May.
- This decline reflected increased consumer pessimism due to concerns about tariffs, inflation, and weaker business conditions in June.
- The Expectations Index declined by 4.6 points, settling at 69, reflecting increasingly negative short-term outlooks on income, employment, and business conditions, and remaining well below the 80-point level that often precedes a recession.
- Senior Economist Stephanie Guichard noted that consumer confidence declined in June, reversing nearly half of the strong improvements seen in May, while inflation expectations decreased to 6.0%.
- The retreat in confidence was broad-based across age and income groups and suggests caution ahead for consumer spending and economic growth.
22 Articles
22 Articles
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 …
Coverage Details
Bias Distribution
- 50% of the sources lean Left
To view factuality data please Upgrade to Premium
