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 Job Market Reality Check: BLS Set to Erase Up to a Million Jobs from 2023-2024 Estimates READ MORE Powell Dismisses Stagflation Fears READ MORE China Doubles Down on Moves to Avert a Financial Crisis READ MORE The 'Cash Trap': High Interest Rates Lure Investors, but for How Long? READ MORE S&P 500 Hits 20th Record Record High in 2024 READ MORE Add a Comment Cancel replyYour email address will not be published.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