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The Consumer Confidence Index, which improved significantly in May, drew back in June, The Conference Board Inc., a New York-based research organization, announced yesterday. The June index stands at 49.3, down from 54.8 in May. The baseline for the index is 100. UK-based research company TNS conducts the monthly Consumer Confidence survey of 5,000 randomly selected households. The cutoff date for this month's survey was June 23. The percentage of respondents last month who said business conditions are "good" decreased to 8% from 8.8% who said so in May, while those claiming business conditions are "bad" increased to 45.6% from 44.5%. The percentage of respondents expecting business conditions to improve over the next six months decreased to 21.2% from 22.5%, while those anticipating conditions to worsen increased to 20.2% from 18%. The percentage of respondents who said jobs are "hard to get" increased to 44.8% from 43.9%, while those who said jobs are "plentiful" decreased to 4.5% from 5.8%. Respondents anticipating more jobs in the months ahead decreased to 17.4% from 19.3%, while those claiming fewer jobs increased to 27.3% from 25.6%.

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