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 Policymakers Suggest Three Cuts This Year READ MORE Gold's Record-Breaking Rally and Its Potential Future READ MORE Jobless Claims Drop, Indicating Steady Employment Despite Recent Surge READ MORE Gold Holds Steady Near $2,465 as Investors Eye CPI Report READ MORE Dollar's Surge Triggers Market Interventions as Asian Currencies Tumble READ MORE Add a Comment Cancel replyYour email address will not be published.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