Reported 11 months ago
Consumer confidence in the United States declined in June, with the index falling to 100.4, indicating growing economic concerns among American consumers. This decline was highlighted in a report by Yahoo Finance's Rachelle Akuffo. The report discusses the decrease in consumer confidence levels, reflecting unease about the economy and a mix of sentiments regarding present economic conditions versus future expectations. The report also notes that confidence remains highest among the youngest and wealthiest demographics, with changes in purchasing plans and stock market outlooks influencing consumer sentiment.
Source: YAHOO