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Home » US consumer confidence drops on broad concerns about economy

US consumer confidence drops on broad concerns about economy

Conference Board’s confidence gauge drops 5.4 points

Bloomberg NewsbyBloomberg News
June 24, 2025
in Risk Management
Reading Time: 3 mins read
0
Customers view used Ford vehicles at a dealership in Colma, California, US, on Friday, June 21, 2024. CDK Global, a software provider to some 15,000 car dealers, was waylaid by debilitating cyberattacks this week that have had a crippling effect on the auto sales industry. Photographer: David Paul Morris/Bloomberg

Photographer: David Paul Morris/Bloomberg

US consumer confidence unexpectedly declined in June, underscoring lingering anxiety about the potential impacts on the economy and job market from higher US import duties. The Conference Board’s gauge of confidence decreased 5.4 points to 93, data showed Tuesday. The figure was below all estimates in a Bloomberg survey of economists. A measure of consumer […]

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