Consumer confidence in the United States declined in June, with the index falling to 100.4. This downturn suggests growing economic concerns among American consumers.Consumer confidence levels are down slightly this month as Americans continue to show some unease about the state of the economy.
Now future economic expectations are often weighted the heaviest in this index, which is why we did see some retreat there. However, expectations for both future income and business conditions well that weakened, weighing down the overall expectations index so worth keeping that in mind.Michelle Well, it's interesting because when you sort of take a look out of the six month moving average basis, confidence actually continued to be the highest among the youngest, those aged under 35 and the wealthiest, those making over $100,000.