US consumer confidence up to 98.1 in June, above expectations: survey

The Business Times | Jul 1, 2020 at 2:00 AM
  • The Conference Board on Tuesday said the lifting of lockdowns to stop the coronavirus pushed the US consumer confidence index above predictions to 98.1 in June.
  • Similar improvement was seen in consumers’ assessments of present conditions and future expectations, but The Conference Board warned the index remains weak.
  • Confidence was up from 85.9 in May, while the Present Situation Index improved from 68.4 to 86.2.