US Consumer Confidence Declines in June Amid Rising Tensions

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Source: PR Newswire
US Consumer Confidence Declines in June Amid Rising Tensions
Photo: PR Newswire
TL;DR Summary

US consumer confidence declined in June, with the Consumer Confidence Index dropping by 5.4 points to 93.0, reflecting concerns about the economy, inflation, and future business conditions. While current financial assessments remain solid, expectations for future economic growth and job prospects have become more pessimistic, indicating cautious consumer sentiment amid ongoing economic uncertainties.

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