Consumer confidence up in June, highest level since pandemic
WASHINGTON (AP) — U.S. consumer confidence rose for a fifth month in June to the highest level since the pandemic began last year as households responded to increased vaccinations and the further re-opening of businesses. The Conference Board reported Tuesday that its consumer confidence index increased to 127.3 in June, up from a May reading of 120.0. The June increase reflected an improvement in consumers’ assessment of current conditions. The proportion of consumers planning to purchase homes, automobiles and major appliances all rose as did intentions to take a vacation.