Gauging consumers’ confidence

Economists predict that consumers’ confidence in the U.S. economy declined this month.

They expect the Conference Board’s latest index on consumers’ confidence to be down to 116.0 from 117.9 in May. The index hit 124.9 in March, its highest mark in 16 years, but has been slipping since then. A reading of 90 or better reflects a healthy economy, so the recent readings show consumers remain bullish overall.