The US Consumer Confidence Index has risen slightly, while inflation expectations have continued to decline.

robot
Abstract generation in progress

On July 18, Joanne Hsu, director of the University of Michigan Consumer Survey, stated that U.S. consumer confidence has changed little compared to June, with a slight rise of about 1 point to 61.8. Although this index has reached a five-month high, it is still approximately 16% lower than in December 2024 and far below historical averages. Unless consumers are confident that inflation is unlikely to worsen, such as trade policies tending to stabilize in the foreseeable future, they are unlikely to restore their confidence in the economy.

The current interview results show almost no significant impact of other policy changes (including the recently passed tax and spending bills) on consumer confidence. Inflation expectations for the coming year have declined for the second consecutive month, dropping from 5.0% last month to 4.4% this month.

Long-term inflation expectations have fallen for the third consecutive month, dropping from 4.0% in June to 3.6% in July. Both indices are at their lowest levels since February 2025, but still above December 2024, indicating that consumers still believe there is a significant risk that inflation will rise in the future.

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 8
  • Repost
  • Share
Comment
0/400
HypotheticalLiquidatorvip
· 07-21 12:44
Systemic risks are still accumulating, and the dominoes are lying in ambush.
View OriginalReply0
AirdropHunter9000vip
· 07-19 16:31
This is just how much rise, still can't hold on.
View OriginalReply0
WalletWhisperervip
· 07-19 07:51
statistical anomaly detected... retail sentiment shift imminent
Reply0
ImpermanentLossFanvip
· 07-18 14:50
Bull and horse digital assets are still of no use.
View OriginalReply0
WalletWhisperervip
· 07-18 14:50
What's the use of not understanding?
View OriginalReply0
MetamaskMechanicvip
· 07-18 14:44
Ah, the data looks okay.
View OriginalReply0
MemeTokenGeniusvip
· 07-18 14:37
This data is too pump.
View OriginalReply0
YieldHuntervip
· 07-18 14:34
technically speaking, these metrics are still deep in bearish territory...
Reply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)