- Prior was 102.0 (revised to 101.3)
- Expectations 73.0 vs 74.9 prior
- Present situation 141.5 vs 140.8 prior
- 14.1% of consumers said jobs were “hard to get,” down from 14.3%.
- 12 month inflation expectations 5.3% vs 5.4% prior
“Confidence pulled back in June but remained within the same narrow range that’s held throughout the past two years, as strength in current labor market views continued to outweigh concerns about the future. However, if material weaknesses in the labor market appear, Confidence could weaken as the year progresses,” said Dana M. Peterson, Chief Economist at The Conference Board.
These numbers are marginally softer but hardly a reason for concern.
