Consumer sentiment improved in July, despite Trump's tariff threats
UNITED STATES, JUL 18 – University of Michigan survey shows consumer sentiment rose 1.8% to 61.8 in July while one-year inflation expectations fell to 4.4%, the lowest since February 2025.
- Consumer sentiment improved in July, climbing to 61.8 from 60.7 in June despite Trump's tariff threats, according to the University of Michigan's preliminary results.
- The increase slightly surpassed analyst expectations and marked the index's highest point in five months, though it remains well below the historical average of 84.4.
- While consumers feel more positive about short-term business conditions, their expectations for inflation a year from now fell for a second consecutive month to 4.4%, the lowest since February 2025.
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US consumer sentiment regarding the country's economic situation has risen to its highest level in five months, according to a University of Michigan survey released today.
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Total News Sources30
Leaning Left3Leaning Right3Center7Last UpdatedBias Distribution54% Center
Bias Distribution
- 54% of the sources are Center
54% Center
L 23%
C 54%
R 23%
Factuality
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