Consumer confidence in the U.S. has continued to deteriorate in the month of June, according to a report released by the Conference Board on Tuesday, with the consumer confidence index falling for the fourth consecutive month.
The report showed that the consumer confidence index dropped to 62.0 in June from a downwardly revised 64.4 in May. Economists had expected the index to slip to 63.5 from the 64.9 originally reported for the previous month.
by RTT Staff Writer
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