Consumer Confidence Edges Up in July, but Economic Concerns Persist The Conference Board’s Consumer Confidence Index rose unexpectedly to 100.3 in July 2024, up from 97.8 in June, despite ongoing concerns about inflation and high interest rates. While consumers remain positive about the labor market, they express worries about elevated prices and economic uncertainty. The Present Situation Index declined, but the Expectations Index improved, though it remains below the recession threshold. Inflation expectations held steady at 5.4%, and consumers’ assessments of their current and future financial situations weakened slightly. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Fed's Waller Confirms: U.S. Dollar to Retain Its Global Reserve Currency Status READ MORE Ancient 2,300-Year-Old Gold Ring Unearthed in Jerusalem READ MORE Fed Chair Powell: Labor Market 'Fully Back in Balance' READ MORE Virtual Gold Rush: How RuneScape Became Venezuela's Economic Lifeline READ MORE Fear Index' Doubles Amid Worldwide Stock Market Rout READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment