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Economic Report

U.S. consumer confidence declines for third straight month in June

Index drops to 95.7, weakest since Feb. 2021

New cars are showcased in the window of a car dealership in New York City. General Motors reported that the average transaction price for a new car is now greater than $50,000 Photo: Spencer Platt/Getty Images

The numbers: The index of consumer confidence fell to 95.7 in July from a revised 98.4 in the prior month, the Conference Board said Tuesday.

The decline was larger than expected. Economists polled by The Wall Street Journal had forecast a decline to 97 from the initial June reading of 98.7.

About the Author

Greg Robb

Greg Robb is a senior reporter for MarketWatch in Washington. Follow him on Twitter @grobb2000.

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