U.S. consumer confidence slipped in July, breaking a three-month winning streak. The U.S. Conference Board said today its Consumer Confidence Index fell to 103.2 from a revised 106.2 in June.

The July figure was worse than the 106.2 analysts expected.

In May, the index rose to 103.1 from April’s 97.5.

“The overall state of the economy remains healthy and consumers’ outlook suggests no storm clouds on the short-term horizon,” said Lynn Franco, director of Conference Board’s Consumer Research Centre, in a release.

One component of the consumer confidence report, which looks at consumers’ views of the current economic situation, fell to 118.5 from 120.8.

Another component, the Expectations Index, which measures consumers’ outlook over the next six months, declined to 93.0 from 96.4 in June.

Consumers’ overall assessment of ongoing conditions was somewhat mixed in July. The number of those claiming business conditions are “bad” increased to 16.9% from 15.3%. However, those saying conditions are “good” improved to 28.7% from 26.7%.

The employment picture was also mixed. Consumers saying jobs are “hard to get” rose to 23.8% from 22.5%, but those claiming jobs are “plentiful” remained at 22.5%.

Consumers’ outlook for the next six months was marginally less favorable than in June. Those expecting business conditions to improve fell to 17.6% from 19.5%. Consumers anticipating that business conditions will worsen edged up to 9.6% from 9.0%.