Consumer Confidence, as survey by The Conference Board, dipped in June to 100.4 from a revised lower May print of 101.3. The present situation index improved but the expectations index declined further (hovering near decade lows)...

...and for the 7th month in the last 8, confidence was revised down...

The overall trend in the labor market indicator remains weaker...

Interest rate and inflation expectations dipped... as did hopes for a higher stock market...

Plan to buy a car or a major appliance dipped...

Just remind us again how 'confidence' can be revised lower?

...and for the 7th month in the last 8, confidence was revised down...
{ai:summary}<p>Consumer confidence has dipped in June, with present situation improving but expectations declining, hovering near decade lows. The trend in the labor market indicator remains weak, along with interest rate and inflation expectations. Purchasing plans for cars or major appliances have also declined. #economy</p>

Conference Board Confidence 'Hope' Hovers Near Decade-Lows

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