Reported 8 months ago
The Conference Board reported that consumer confidence in the United States decreased in June, with the index dropping to 100.4 from 101.3 in May. The decline was slightly better than anticipated, but there was a notable decrease in expectations for income, business, and the job market. Despite a rise in consumer sentiments about current conditions, concerns over the future outlook persisted, leading to a cautious approach towards spending and a growing awareness of potential economic challenges.
Source: YAHOO