Consumer confidence index in the United States slightly increased in July.

The Conference Board's Consumer Confidence Index in the United States rose from 95.2 in June to 97.2 in July. The Present Situation Index fell 1.5 points to 131.5. The Expectations Index increased by 4.5 points to 74.4. However, expectations still remain below the threshold of 80, signaling the sixth consecutive month of decline. The Conference Board's Chief Economist of Global Indicators, Gichard, stated, "Consumer confidence has stabilized since May, rebounding from the sharp drop in April, but remains below last year's exciting levels." In July, there was a slight improvement in overall confidence as pessimism about the future subsided. All three components of the Expectations Index improved, with consumers feeling less pessimistic about future business conditions and employment, while optimism about future income increased. Meanwhile, consumers' assessment of the current situation remained relatively unchanged. However, their evaluation of current job opportunities has decreased for the seventh consecutive month, reaching the lowest level since March 2021.