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Americans’ take on the economy sours in June and, after a brief respite, continues to slide

A measure of Americans’ short-term expectations for their income, business conditions and the job market fell 4.6 points to 69. That’s well below 80, the marker that can signal a recession ahead.

FILE – A shopper selects a carton of 18 Large Grade A eggs from a cooler in a Costco Warehouse in Cranberry, Pa., Tuesday, Jan. 28, 2025. (AP Photo/Gene J. Puskar, File)
FILE – A shopper selects a carton of 18 Large Grade A eggs from a cooler in a Costco Warehouse in Cranberry, Pa., Tuesday, Jan. 28, 2025. (AP Photo/Gene J. Puskar, File)
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Consumer confidence index slid to 93 in June, down 5.4 points from 98.4 last month.

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