Consumer confidence dips in June amid economic unease

Published June 25, 2024 11:33am ET



Consumer confidence in June dropped as people expressed growing pessimism about the short-term prospects for the economy.

The Conference Board’s consumer confidence index fell to 100.4 in June, down from 101.3 the month before, the group announced on Tuesday. That is another warning signal for President Joe Biden, who has been trying to shore up support for his handling of the economy.

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