• Prior 83.0
  • Current conditions 85.1 vs 80.4 prior revised to 80.3
  • Expectations 85.2 vs 84.8 prior revised to 83.5
  • Jobs hard to get 31.8 vs 32.3 prior revised to 32.2
  • 1 year inflation expectations 5.5% vs 5.6% prior

A big jump in confidence to the highest level since January 2008.

Ordinarily consumer confidence should translate into better consumer spending. Unfortunately that hasn’t transpired to any meaningful degree over the last few years.

US consumer confidence 24 06 2014

US consumer confidence 24 06 2014