The Housing Chronicles Blog: June consumer confidence declines 2.4 points but still at historically high level

Tuesday, June 26, 2018

June consumer confidence declines 2.4 points but still at historically high level

Consumer confidence declined in June by 2.4 points after improving in May. Consumers' assessment of present-day conditions was relatively unchanged, suggesting that the level of economic growth remains strong. The modest curtailment in optimism suggests that consumers do not foresee the economy gaining much momentum in the months ahead.

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