Updated: 28-Jul-26 10:21 ET
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| Updated: 28-Jul-26 10:21 ET |
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Highlights
- The Conference Board's Consumer Confidence Index decreased to 90.8 in July (Briefing.com consensus: 92.1) from an upwardly revised 92.2 (from 91.2) in June.
- In the same period a year ago, the index stood at 95.2.
Key Factors
- The Present Situation Index fell to 114.9 from 118.5 in June.
- The Expectations Index remained unchanged at 74.7. This is the eighteenth consecutive reading below 80, which is a level that typically signals recession ahead.
- 12-month inflation expectations fell to 5.5% from 5.9%.
Big Picture
- The key takeaway from the report is that consumers don't appear to be overly enthused about current business conditions or future business conditions.
| Category |
JUL |
JUN |
MAY |
APR |
MAR |
| Conference Board |
90.8 |
92.2 |
90.6 |
93.8 |
92.2 |
| Expectations |
74.7 |
74.7 |
71.4 |
73.4 |
71.0 |
| Present Situation |
114.9 |
118.5 |
119.4 |
124.4 |
124.1 |
| Employment ('plentiful' less 'hard to get') |
3.1 |
3.8 |
5.0 |
7.5 |
6.1 |
| 1 yr inflation expectations |
5.5% |
5.9% |
6.2% |
6.2% |
6.2% |