U.S. consumer confidence reaches a 6-year high

WASHINGTON — U.S. consumers are more confident about the economy than they have been in more than six years.

The Conference Board says its confidence index rose to 85.2 this month from a revised 82.2 in May. The June figure is the highest since January 2008, a month after the Great Recession officially began.

More Americans are optimistic about business conditions and the outlook for jobs, though they’re less confident that their incomes will grow.

The index compiled by the Conference Board, a private research group, shows that confidence has been rising steadily since bottoming at 25.3 in February 2009.

It still hasn’t returned to full health. Before the recession, the index usually topped 90.

Consumers’ attitudes are closely watched because their spending accounts for about 70 percent of U.S. economic activity.

More in Herald Business Journal

Exec director of Future of Flight in Mukilteo stepping down

A former board president will temporarily lead Snohomish County’s most popular tourism attraction.

Seafood producer Keyport moves corporate HQ to Edmonds

The family business sees the city as business friendly — and able to accommodate expansion.

Peoples, HomeStreet banks bump lowest salaries after tax cut

The banks with Snohomish County branches will raise minimum salaries for employees to $15 an hour.

Amazon opens store with no cashiers, lines or registers

The Seattle store allows shoppers to use a smartphone app to pay for items they want.

Trump hits solar panels, washing machines with tariffs

The administration cast the decisions as part of his pledge to put American companies and jobs first.

Electroimpact cuts Mukilteo staff by 9 percent

“What we’re missing now is a monster anchor project,” the company’s VP said.

Exotic animals find compassionate care in Bothell (video)

At the Center for Bird and Exotic Animal Medicine, vets treat snakes, hedgehogs and even kangaroos.

Top CEOs take 4 days to earn a Bangladesh worker’s life pay

Oxfam has sought to put inequality at the heart of this week’s deliberations of the rich and powerful.

Most Read