US consumer confidence hits highest level since January 2022

Consumer confidence in the USA increased to an 18-month high in June, reaching 109.7, up from 102.5 in May. Despite some predictions of recession in the next year, over 30% of consumers expected family financing to improve in the next six months, compared to fewer than 14% believing that it would get worse. Consumers under 35 and earning over $35,000 were most confident.

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