The first look at consumer confidence for June fell slightly from May, with the RealClearMarkets' monthly index falling to 42.5 from 42.6 in the previous month on declines in two out of its three components.
A reading above 50 suggests optimism, while a reading below 50 suggests pessimism.
The six-month outlook index decreased to 37.1 in June from 37.8 in May, the outlook for personal finances decreased slightly to 50.1 from 50.3 and the measure of confidence in Federal Economic Policies increased to 40.2 from 39.8.
The Financial Related Stress Index rose to 64.3 in June from 62.1 in May, an indication of increased financial concerns.
"June tells the story of an economy stuck in low gear rather than one in freefall," said Raghavan Mayur, president of TechnoMetrica. "For a third straight month, the headline index barely moved, settling into the low 40s. But the calm is uneven. The Six-Month Economic Outlook fell again to 37.1, its weakest level in two years, showing that Americans' worries about the months ahead have not lifted."
Financial stress rebounded, with investors now indicating more pessimism than optimism for the first time since 2024 to join non-investors below that breakeven point, Mayur noted.