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25 JUNE 2024
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TranscriptConsumer confidence has pulled back in June, according to The Conference Board Consumer Confidence Index®. The index dipped to 100.4, down from 101.3 in May, with consumers expressing mixed feelings on the labor market and short-term business outlook.
Join Markus Schomer, Senior Economist with The Conference Board, and Dana Peterson, Chief Economist and Leader of the Economy, Strategy & Finance Center, to find out why consumer confidence continues to decline—and what that means for US and global economic growth.?
(00:31) June Consumer Confidence Survey Insights
(00:53) Factors Influencing Consumer Confidence
(02:04) Age and Income Differentiation in Confidence
(02:58) Present Situation and Expectations Indices
(06:09) Consumer Views on Recession and Inflation
(07:49) Interest Rates, Stock Market, and Finances
(10:16) Consumer Spending and Buying Plans
(13:50) Outlook for the U.S. Economy
(17:04) Global Economic Outlook
For more on this topic from The Conference Board:?
C-Suite Perspectives is a series hosted by our President & CEO, Steve Odland. This weekly conversation takes an objective, data-driven look at a range of business topics aimed at executives. Listeners will come away with what The Conference Board does best: Trusted Insights for What’s Ahead®.
C-Suite Perspectives provides unique insights for C-Suite executives on timely topics that matter most to businesses as selected by The Conference Board. If you would like to suggest a guest for the podcast series, please email csuite.perspectives@conference-board.org. Note: As a non-profit organization under 501(c)(3) of the IRS Code, The Conference Board cannot promote or offer marketing opportunities to for-profit entities.
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