US consumer confidence approaching prepandemic level
The Conference Board uses cookies to improve our website, enhance your experience, and deliver relevant messages and offers about our products. Detailed information on the use of cookies on this site is provided in our cookie policy. For more information on how The Conference Board collects and uses personal data, please visit our privacy policy. By continuing to use this Site or by clicking "OK", you consent to the use of cookies. 

US consumer confidence approaching prepandemic level

June 29, 2021 | Chart

The Conference Board Consumer Confidence Index® (CCI) improved further in June, following gains in each of the previous four months. The Index now stands at 127.3 (1985=100), up from its trough of 85.7 in April 2020 and just below its pre-pandemic reading of 132.6 in Feb 2020. The steady rise in confidence bodes well for the US economic recovery.

The improvement in the headline CCI in June was driven by upticks in both of its two components – The Present Situation Index and The Expectations Index. Consumers’ assessment of current conditions improved again, suggesting economic growth has strengthened further in Q2. Additionally, consumers’ short-term optimism rebounded, buoyed by expectations that business conditions and their own financial prospects will continue improving in the months ahead. While short-term inflation expectations increased, this had little impact on consumers’ confidence or purchasing intentions. In fact, the proportion of consumers planning to purchase homes, automobiles, and major appliances all rose—a sign that consumer spending will continue to support economic growth in the short-term. Vacation intentions also rose, reflecting a continued increase in spending on services.

For more information on the details of this month’s Consumer Confidence Index please visit our website (link)

AUTHOR

LynnFranco

Former Senior Director, Economic Indicators and Surveys
The Conference Board


Related Content

Connect and be informed about this topic through webcasts, virtual events and conferences

Press Releases / In the News

PRESS RELEASE

US Consumer Confidence Rose in May

May 28, 2024

PRESS RELEASE

US Consumer Confidence Retreats in April

April 30, 2024

PRESS RELEASE

US Consumer Confidence Little Changed in March

March 26, 2024

PRESS RELEASE

US Consumer Confidence Retreated in February

February 27, 2024

PRESS RELEASE

US Consumer Confidence Increased in January

January 30, 2024

Data central

Subscribe to Access Data Central & Chart Reports

Your centralized, one-stop portal for accessing and exporting The Conference Board global suite of monthly and quarterly economic data. Get up to speed on critical trends—anytime, anywhere—with customizable real-time datasets.

Economic Indicator Calendar

All release times displayed are Eastern Time

Global Economic Indicators

Learn more Yellow and white frame illustration

Upcoming Events

Connect and be informed about this topic through webcasts, virtual events and conferences


Explore More on this Topic


Publications


Webcasts, Podcasts and Videos

hubCircleImage