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US consumer confidence rises modestly in July
UNITED STATES, JUL 29 – The Consumer Confidence Index rose to 97.2 in July, buoyed by improved short-term outlooks for income and employment despite persistent inflation and tariff concerns.
- The Conference Board said Tuesday that its Consumer Confidence Index improved in July, with the Expectations Index rising 4.5 points to 74.4.
- The Expectations Index, sub-index, increased slightly in July, indicating a modest improvement in consumer outlook, yet it remains below the 80-point recession threshold.
- In July, the Present Situation Index fell 1.5 points to 131.5, with 30.2% of consumers saying jobs were 'plentiful' and 18.9% reporting jobs were hard to get.
- By partisan affiliation, confidence improved among Republican consumers, and the share expecting interest rates to rise fell to 53% from 57.1%, while rate-fall expectations rose to 21.2%.
- Despite modest gains, the Conference Board reported that inflation expectations eased to 5.8% from 5.9%.
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The Detroit NewsReposted by 
TelegraphHerald.com
TelegraphHerald.comU.S. consumer confidence improves slightly in July, but Americans remain concerned about tariffs
Americans’ view of the U.S. economy improved this month, but Americans remain concerned about the impact of tariffs on their economic futures.
·Detroit, United States
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Total News Sources61
Leaning Left10Leaning Right6Center33Last UpdatedBias Distribution67% Center
Bias Distribution
- 67% of the sources are Center
67% Center
L 20%
C 67%
12%
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