The Conference Board Consumer Confidence Index Posted Slight Increase in June

The Conference Board Consumer Confidence Index, which had decreased in May, posted a slight increase in June. The Index now stands at 105.7 (1985=100), up from 104.7 in May. The Present Situation Index decreased to 132.7 from 134.1. The Expectations Index, however, edged up to 87.6 from 85.1 last month.
  May'06 Jun'06  
Consumer Confidence Index 104.7 105.7 up
Present Situation Index 85.1 87.6 up
Overall current conditions "good" 28.5% 26.8% down
Overall current conditions "bad" 15.2% 14.9% down
Jobs are "Plentiful" 29.1% 28.1% down
Jobs are "hard to get" 20.2% 19.9% down
Outlook for the next 6 months "worsen" 12.9% 11.8% down
Outlook for the next 6 months "improve" 16.5% 16.8% up
Anticipating their incomes to increase 17.1% 17.1% same
Consumers' overall assessment of current conditions, while favorable, declined for the second consecutive month.  Labor market conditions were mixed. Consumers' outlook for the next six months, which had deteriorated in May, improved moderately in June. 

The outlook for the labor market was also somewhat more optimistic.  The proportion of consumers anticipating their incomes to increase in the months ahead remained virtually unchanged at 17.1%.

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