US consumer confidence dropped to 98.7 Jun, expectations tumbled to lowest since 2013

US Conference Board Consumer Confidence Index dropped from 103.2 to 98.7 in June, below expectation of 100. That’s also the lowest level since February 2021 (95.2). Present Situation Index dropped slightly from 147.4 to 147.1. But Expectations Index dropped sharply from 73.7 to 66.3, lowest since March 2013. Lynn Franco, Senior Director of Economic Indicators […]

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