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The State of the Economy for June 2025

After a brief rebound in May, consumer confidence slipped again. What changed in June—and what might it mean for the economy this summer? The Consumer Confidence Index dropped to 93.0 from 98.4, wiping out half the gains seen last month. Consumers are feeling less optimistic across the board: both their assessment of current business and labor market conditions and their short-term expectations for income, jobs, and the economy have weakened. Pessimism about job availability and business conditions is also more pronounced than it was in May. In this episode, Stephanie Guichard, Senior…

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