Consumer confidence jumps in June (chainstoreage.com)

U.S. consumer confidence rose in June to its highest level since January 2022 even as some consumers still expect a recession.

The Conference Board’s Consumer Confidence Index rose to 109.7 in June, the highest reading since January 2022, and up from 102.5 in May.

The rise in consumer confidence in June reflects improved current conditions and a pop in expectations, according to Dana Peterson, chief economist at The Conference Board.

“Greater confidence was most evident among consumers under age 35, and consumers earning incomes over $35,000,” she added.
more at: https://chainstoreage.com/consumer-confidence-jumps-june

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