Updated: 31-Jul-18 10:20 ET
| July Consumer Confidence |
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| Updated: 31-Jul-18 10:20 ET |
Highlights
- The Conference Board's Consumer Confidence Index checked in at 127.4 for July (Briefing.com consensus 126.6) on the heels of an upwardly revised 127.1 print (from 126.4) for June.
Key Factors
- The Present Situation Index improved from 161.7 to 165.9.
- The Expectations Index declined from 104.0 to 101.7.
Big Picture
- The key takeaway from the report is the Conference Board's indication that a back-to-back decline in the Expectations Index suggests consumers do not anticipate growth accelerating.
| Category | JUL | JUN | MAY | APR | MAR |
| Conference Board | 127.4 | 127.1 | 128.8 | 125.6 | 127.0 |
| Expectations | 101.7 | 104.0 | 107.2 | 104.3 | 106.2 |
| Present Situation | 165.9 | 161.7 | 161.2 | 157.5 | 158.1 |
| Employment ('plentiful' less 'hard to get') | 28.1 | 25.3 | 26.5 | 22.7 | 23.8 |
| 1 yr inflation expectations | 5.1% | 4.9% | 4.9% | 4.7% | 4.7% |