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 FTX Alum Buys Titanic's Gold Watch for Record $1.5 Million READ MORE Schroders Investment Insights: The Case for Gold in 2024 READ MORE Which Commodities Are Doing the Best in 2023? READ MORE Gold Prices Stable Amid Rate Cut Expectations READ MORE Strong Economy May Delay Fed Rate Cuts Amid Inflation Concerns READ MORE Add a Comment Cancel replyYour email address will not be published.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