US June consumer confidence 98.0 vs 93.5 expected

28 June 2016, 19:16
Sherif Hasan
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June consumer confidence from The Conference Board

  • Prior was 92.6 (revised to 92.4)
  • Best since October 2015

The index jumped from the worst since July 2015 to the best since August 2015.

Details:

  • Present situation 118.3 vs 113.2 prior
  • Consumer expectations 84.5 vs 78.5 prior
  • Jobs hard-to-get 23.3 vs 24.5 prior
  • 1 year inflation expectations 4.7% vs 4.9% prio

There is plenty to cheer about here but the cut off date for the survey was June 19, well before the Brexit vote.

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