02:42 PM EDT, 06/25/2024 (MT Newswires) -- The Conference Board's Consumer Confidence Index fell to 100.4 in June from a 101.3 reading in May due to a decline in the expectations index that was partially offset by an increase in the present situation index.

The Conference Board noted that the decline in confidence was seen mostly in consumers aged 35-54, with other age groups reporting more confidence.

The FHFA home price index posted a 0.2% gain in April after a flat reading in March. The index was 6.3% higher than a year ago.

Released at the same time, S&P Case-Shiller reported a 1.2% April home price gain, down from 1.3% in March. The index was up 6.3% year-over-year, down from the 6.5% rate in the previous month.

The Dallas Federal Reserve's monthly services reading rose to minus 4.1 in June from minus 12.1 in May while the Philadelphia Fed's services reading improved to 2.9 in June from minus 0.6 in May and the Richmond Fed's services index fell to minus 11 from 3. The ISM's national services data are scheduled to be released on July 3.

The Richmond Fed's manufacturing index fell to minus 10 in June from 0 in May. Other regional manufacturing data already released have been mixed. The ISM's manufacturing index is set to be released on July 1.

The Chicago Federal Reserve's National Activity index rose to 0.18 in April from minus 0.26 in March. The three-month moving average fell to minus 0.09 from minus 0.05.

Redbook reported that US same-store retail sales were up 5.3% year-over-year in the week ended June 22, smaller than a 5.9% gain in the prior week due to softer post-Father's Day traffic at department and discount stores. Traffic was reduced due to warmer outdoor weather. Retailers expect an increase in sales ahead of the July 4th holiday.

State-level from the BLS showed that the unemployment rate fell in four states in May, rose in three states and held steady elsewhere. The largest decline was in Arizona. North Dakota and South Dakota each had the lowest jobless rate in May while the District of Columbia had the highest.

Payrolls rose notably in seven states and the District of Columbia and were roughly unchanged elsewhere, with California and Texas posting the largest increases in absolute terms and Idaho seeing the biggest percentage gain.