View full page at cryptocraft.com

 

US Consumer Confidence Retreats in June

From prnewswire.com

The Conference Board Consumer Confidence Index® deteriorated by 5.4 points in June, falling to 93.0 (1985=100) from 98.4 in May. The Present Situation Index—based on consumers' assessment of current business and labor market conditions—fell 6.4 points to 129.1. The Expectations Index—based on consumers' short-term outlook for income, business, and labor market conditions—fell 4.6 points to 69.0, substantially below the threshold of 80 that typically signals a recession ahead. The cutoff date for preliminary results was June 18, 2025. "Consumer confidence weakened in June, erasing almost half of May's sharp ... (full story)

Story Stats

  • Posted:
  • Category: Low Impact Breaking News