Ambiguity Takes Hold of U.S. Consumers in July

The Conference Board Report

Date:

Autor: Funds Society, Miami

Compared to last month, consumers were somewhat less pessimistic about the future, and expectations regarding future income improved slightly

However, consumers remained generally negative about business and employment conditions, the statement explains

“Confidence increased in July, but not enough to break out of the narrow range that has prevailed over the past two years,” said Dana M. Peterson, Chief Economist at The Conference Board