Consumer confidence in U.S. falls in June as Americans fret about near-term prospects

The video discusses the economic challenges facing the U.S., including inflation and high costs, which many attribute to President Biden, though these issues began before his tenure. Surveys indicate that inflation is a major concern for voters. The Consumer Confidence Index shows mixed feelings about the economy, with some optimism about the labor market but concerns about a potential recession. Home prices have reached record highs, and voters are considering factors like interest rates as they look for solutions.

What is a major concern for voters according to recent surveys?

• Healthcare

• Inflation and high costs

• Education

• Foreign policy

What does the Consumer Confidence Index indicate about the labor market?

• It shows a decline in job opportunities.

• It reflects more favorable views of the labor market.

• It indicates a complete lack of confidence.

• It suggests a booming economy.

How did Americans' confidence change from May to June?

• It rose dramatically.

• It fell just under one point.

• It remained the same.

• It increased significantly.

What economic factor reached an all-time high in April?

• Interest rates

• Unemployment rates

• Stock market index

• Home prices

What are people likely to consider when thinking about future economic challenges?

• High interest rates

• Low inflation

• Decreasing home prices

• Stable job market