TPLC - Consumer Confidence Ticked Up In July

2024-07-31 00:30:00 ET

Summary

• The Conference Board's Consumer Confidence Index ticked up in July, which rose to 100.3 this month from June's downwardly revised 97.8.
• Present Situation Index decreased while Expectations Index rose, signaling concerns about future economic conditions.
• Consumer confidence remains in a narrow range, with some improvements in certain age groups and income levels.

The Conference Board's Consumer Confidence Index® ticked up in July. The index rose to 100.3 this month from June's downwardly revised 97.8. This month's reading was better than expected, exceeding the 99.7 forecast....

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