July Consumer Confidence
Updated: 28-Jul-26 10:20 ET

Highlights
  • The Conference Board's Consumer Confidence Index decreased to 90.8 in July (Briefing.com consensus: 92.1) from an upwardly revised 92.2 (from 91.2) in June.
  • In the same period a year ago, the index stood at 95.2.
Key Factors
  • The Present Situation Index fell to 114.9 from 118.5 in June.
  • The Expectations Index remained unchanged at 74.7. This is the eighteenth consecutive reading below 80, which is a level that typically signals recession ahead.
  • 12-month inflation expectations fell to 5.5% from 5.9%.
Big Picture
  • The key takeaway from the report is that consumers don't appear to be overly enthused about current business conditions or future business conditions.
Category JUL JUN MAY APR MAR
Conference Board 90.8 92.2 90.6 93.8 92.2
Expectations 74.7 74.7 71.4 73.4 71.0
Present Situation 114.9 118.5 119.4 124.4 124.1
Employment ('plentiful' less 'hard to get') 3.1 3.8 5.0 7.5 6.1
1 yr inflation expectations 5.5% 5.9% 6.2% 6.2% 6.2%
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