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U.S. EconomyIMPORTANT

US CB Consumer Confidence (Jul) 90.8 vs. Exp. 92.2 (Prev. 92.1)

StockNow breaking-news AI analysis

July US consumer confidence missed expectations at 90.8, driven by a sharp drop in the Present Situation Index and weakening labor market sentiment, while Treasury yields retreated slightly.

News detail

Present Situation: 114.9 (prev. 118.5) Expectations Index: 74.7 (prev. 74.7) New business conditions: 1.1%, -2.6pp Labour Market: "plentiful" 24.6% (prev. 25.5%) "hard to get" 21.5% (prev. 21.7%) 6-month view: Conditions to improve: 17.8% (prev. 18.9%) Conditions to worsen: 21.1% (prev. 20.7%)

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