• U.S. consumer sentiment improves as initially estimated in July

Noticias del mercado

2 agosto 2019

U.S. consumer sentiment improves as initially estimated in July

The final reading for the July Reuters/Michigan index of consumer sentiment was confirmed at 98.4, above the June final reading of 98.2.

Economists had forecast the index to be revised upwardly to 98.5.

According to the report, the index of the current economic conditions fell to 110.7 from June’s final reading of 111.9.

Meanwhile, the index of consumer expectations increased to 90.5 from June’s final reading of 89.3.

The report notes that economic confidence has been remarkably stable since the start of 2017, despite ongoing trade uncertainties. The resilience displayed has been primarily due to a renewed sense of personal financial optimism.

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