Hi HODLers, Hiveans,

The Conference Board just published its Consumer Confidence Index

>“Consumer confidence weakened in June, erasing almost half of May’s sharp gains,”

This weakening was across all age and income groups. The largest decline was among Republicans leaning consumers.

### Main highlights

>* 19.0% of consumers said business conditions were “good,” down from 21.4% in May.
>* 15.3% said business conditions were “bad,” up from 13.7%.

 https://img.leopedia.io/DQmbqJEkFSSmzLVovWdVhKzzAn6sZJUX7JcaorFi4yrwcLm/image.png 

Expectations are still quite weak and in the *negative* territory while the present situation index is showing some strength despite being lowered than the previous month. This is a trend we also see in the Family's Current Situation which is still quite healthy but consumers are definitely being cautious.

 https://img.leopedia.io/DQmf5iRK9hF7j3tsWtkZCQMLspug8QAAQ2JLVSEthUQRJXe/image.png 

 https://img.leopedia.io/DQmVgj39H6L2sNZmGzDQuPNVFA822zkz7CCgBpiEAJkgvWw/image.png 

Overall, a solid report. Tariffs are now being implemented and I expect their impact to be fully felt next month. If inflation remains under control and jobs are still plentiful. I think we might have to admit that the impact of this trade war was "minimal".

Time will tell. Credit Card debt is still high and as I understood, collection of student debt is difficult as many people are 90days+ behind their student mortgage payment.

Sincerely,

[Source](https://www.conference-board.org/topics/consumer-confidence/press/CCI-Jun-2025)

### Author's latest publications:


* [Job market is slowing down and younger graduates are paying the price!](https://inleo.io/@vlemon/job-market-is-slowing-down-and-younger-graduates-are-paying-the-price-9ke)

* [Should I take a big bet on the June US Inflation numbers?](https://inleo.io/@vlemon/should-i-take-a-big-bet-on-the-june-us-inflation-numbers-hpi)

* [Weirdly: Dollar is weakening AND Bitcoin is dropping...
](https://inleo.io/@vlemon/weirdly-dollar-is-weakening-and-bitcoin-is-dropping-cbb) 

Posted Using [INLEO](https://inleo.io/@vlemon/us-consumer-confidence-weakens-in-june-7pc)