The consumer confidence index increased to 98.0 in June from a revised 92.4 last month, The Conference Board reported Tuesday.
The May index was originally reported as 92.6.
Economists polled by Thomson Reuters predicted a 93.5 reading for the index.
The present situation index grew to 118.3 from a revised 113.2, first reported as 112.9, while the expectations index gained to 84.5 from a revised 78.5, first reported as 79.0.
"Consumer confidence rebounded in June, after declining in May," said Lynn Franco, director of economic indicators for The Conference Board. "Consumers were less negative about current business and labor market conditions, but only moderately more positive, suggesting no deterioration in economic conditions, but no strengthening either. Expectations regarding business and labor market conditions, as well as personal income prospects, improved moderately. Overall, consumers remain cautiously optimistic about economic growth in the short-term."
Business conditions were called "good" by 26.9% of respondents in June, up from 26.1% of respondents in May. Those saying conditions are "bad" slid to 17.7% from 21.4%.
The percentage of consumers expecting a pickup in business conditions in the next half year rose to 16.8% from 15.0%, while 11.4% said they expect conditions to worsen, down from 11.7% in the prior month.
On the jobs front, those who believe jobs are "plentiful" fell to 23.4% in June from 24.5% in May, while the number saying jobs are "hard to get" dropped to 23.3% from 24.5%. The respondents who see fewer jobs becoming available in a half year, dipped to 17.9% from 18.2%. Those expecting more jobs to become available increased to 14.2% from 12.5%, The Conference Board reported.
The consumer confidence survey is based on a probability design random sample by the Nielsen Company.
