Consumer Confidence Jumps Past Expectations in June


U.S. consumer confidence strengthened in June, bolstered by an improving jobs market, according to a private sector report released on Tuesday.

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The Conference Board, an industry group, said its index of consumer attitudes rose to 101.4, matching the level set in March and higher than a downwardly revised 94.3 in May.

Economists had forecast a June reading of 97.3, according to a Reuters poll.

The May figure was originally reported at 95.4.

The report's hard-to-get jobs index fell to 25.7 last month from May's downwardly adjusted 27.2. (Reporting by Richard Leong; Editing by Jeffrey Benkoe)