US consumer confidence eased in June as Americans' outlook for the economy deteriorated. The Conference Board reported that the Consumer Confidence Index fell to 100.4 in June from 101.3 in May. The Present Situation Index, which measures current economic conditions, rose slightly to 141.5 from 140.8. However, the Expectations Index, which gauges short-term outlook, dropped to 73.0 from 74.9, marking the fifth consecutive month below 80, a signal of potential recession. Additionally, the percentage of consumers expecting better business conditions over the next six months fell to its lowest level since September 2011. Despite these concerns, households were upbeat about the labor market and their inflation expectations over the next year improved slightly.
EYE ON YOUR MONEY: 💲💲 Consumer confidence in US falls in June as Americans fret about near-term prospects. https://t.co/evmHBahMDQ
Consumer confidence takes hit on worries about US economic outlook https://t.co/vJciWbmpy6 https://t.co/FRvwOkhKOh
U.S. consumer confidence eased slightly in June amid worries about the economic outlook, but households were upbeat about the labor market and their inflation expectations over the next year improved a bit, a survey showed Tuesday. https://t.co/URY63E0FbY
US consumer confidence eased this month as Americans’ outlook for the economy deteriorated. https://t.co/D7k2NaEQQq via @economics
June @Conferenceboard Consumer Confidence Index down to 100.4 vs. 100 est. & 101.3 prior (rev down from 102) … expectations down to 73 vs. 74.9 prior; present situation up to 141.5 vs. 140.8 prior https://t.co/Dsxu6Trewv
Consumer confidence dips again. Americans anxious about the economy. https://t.co/KqNUzwOBxC
U.S. consumer confidence ebbs slightly in June amid concerns about economic outlook https://t.co/5zGsTnD9lz
»»» Conference Board ««« » Confidence • 100.4 in June (down from 101.3 in May) » Present Situation • 141.5 in June (up from 140.8 in May) » Expectations • 73.0 in June (down from 74.9 in May) • Below 80 (recession signal) five straight months For the second month in a…
»»» Conference Board ««« » Confidence • 100.4 in June (down from 101.3 in May) » Present Situation • 141.5 in June (up from 140.8 in May) » Expectations • 73.0 in June (down from 74.9 in May) • Below 80 (recession signal) five straight months
US consumer confidence ebbs slightly in June https://t.co/q6YtD0H1my via @Reuters
% of consumers expecting better business conditions over next 6 months has fallen to lowest since September 2011 per @conferenceboard Consumer Confidence Index https://t.co/4imyhyGU8V
US consumer confidence eased this month as Americans’ outlook for the economy deteriorated. https://t.co/saoM1GIpQa