The latest data from the Conference Board shows that US consumer confidence dipped slightly in June, with the index falling to 100.4 from 101.3 the previous month. Economists had anticipated this drop, highlighting Americans’ growing wariness about the future. This hesitancy is reflected in consumers’ mixed feelings about the economy, with confidence in the labor market outweighing concerns about business conditions. Inflation, currently above the Federal Reserve’s target, remains a key factor influencing consumer sentiment. The volatile job market and rising interest rates could further impact confidence levels in the coming months, potentially signaling a recession. While the Conference Board’s consumer confidence index focuses on employment and labor market conditions, the University of Michigan sentiment index places more emphasis on household finances and inflation. Both indexes are crucial indicators of consumer attitudes towards the economy, with the potential for further insights to come from the upcoming release of the Personal Consumption Expenditures price index data for May.