government
Consumer confidence ticks up as gas prices fall but Americans remain gloomy about the economy
By Christopher Rugaber, Associated Press at KSAT 12 (ABC affiliate)
· June 30, 2026
· 2 min read
Americans' attitudes toward the economy improved slightly this month as gas prices declined, but their outlook is still mostly negative by historical standards. The Conference Board said Tuesday that its consumer confidence index rose 0.6 point to 91.2 in June, a figure that is still below its ye...
Key takeaway The Conference Board said Tuesday that its consumer confidence index rose 0.
Why this matters in The San Antonio
For San Antonio residents, the slight uptick in consumer confidence may be a welcome sign, but the lingering gloom about the economy is likely to resonate locally. As a major city with a diverse economy, San Antonio's growth is closely tied to consumer spending, which has continued to drive economic activity despite inflation concerns. The decline in gas prices, from a peak of over $4.50 to $3.85 per gallon, may provide some relief to local commuters and businesses, potentially boosting consumer confidence in the coming months. However, the survey's findings on the labor market, including a dimmer view of hiring and job availability, may be a concern for local job seekers and employers, particularly given the city's strong focus on workforce development and job creation. As the Labor Department prepares to release its monthly jobs report, San Antonio will be watching closely to see how national trends play out locally.
About this story
Original reporting by KSAT 12 (ABC affiliate) . The San Antonio surfaces reporting from trusted publishers and adds local editorial context so readers can quickly understand what a story means for their community. We attribute every source, link to the original report, and follow a documented editorial standards policy. To understand how stories are selected and reviewed, read our about page .
For the complete original report, visit KSAT 12 (ABC affiliate) . Have a tip or correction? Contact our newsroom .
Category: government ·
Published: June 30, 2026 ·
Source: KSAT 12 (ABC affiliate) ·
Reading time: 2 min
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Frequently asked about this story
What is this story about? Americans' attitudes toward the economy improved slightly this month as gas prices declined, but their outlook is still mostly negative by historical standards. The Conference Board said Tuesday that its consumer confidence index rose 0.6 point to 91.2 in June, a figure that is still below its ye...
When was this published? This article was first published on June 30, 2026 by KSAT 12 (ABC affiliate) and curated for The San Antonio readers.
Who reported this story? This story was reported by Christopher Rugaber, Associated Press at KSAT 12 (ABC affiliate). To learn more about how The San Antonio selects and reviews stories, see our editorial standards .
Where can I find related coverage? See more government coverage from The San Antonio, or browse our daily briefing and topic hubs .
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