US Consumer Confidence* (Jun) 93.0 vs. Exp. 100.0 (Prev. 98.0, Rev. 98.4)

CB says there were a few more mentions of easing inflation compared to last month, says this is in line with a cooling in consumers' average 12-month inflation expectations to 6.0% (down from 6.4% in May and 7% in April). 

Present Situation Consumers' assessments of current business conditions were less positive in June.

• 19.0% of consumers said business conditions were "good," down from 21.4% in May.


• 15.3% said business conditions were "bad," up from 13.7%.

Consumers' views of the labor market cooled somewhat in June.

• 29.2% of consumers said jobs were "plentiful," down from 31.1% in May.


• 18.1% of consumers said jobs were "hard to get," down slightly from 18.4%.

Expectations Six Months Hence       Consumers were more pessimistic about future business conditions in June.

• 16.7% of consumers expected business conditions to improve, down from 19.9% in May.


• 24.0% expected business conditions to worsen, down from 25.4%.

Consumers' outlook for the labor market also became more negative in June.

• 15.4% of consumers expected more jobs to be available, down from 18.6% in May.


• 25.9% anticipated fewer jobs, down slightly from 26.2%.

Consumers' outlook for their income prospects was, on balance, moderately less positive in June.

• 16.3% of consumers expected their incomes to increase, down from 18.6% in May.


• But only 12.4% expected their income to decrease, down from 13.5%.

Assessment of Family Finances and Recession Risk

• Consumers' assessments of their Family's Current Financial Situation remained solid in June.


• Consumers' assessments of their Family's Expected Financial Situation also improved.


• Consumers' Perceived Likelihood of a US Recession over the Next 12 Months remained elevated.

24 Jun 2025 - 15:00- Important- Source: Reuters