FOREX TradingCharts.com

Financial News: U.S. Consumer Sentiment Shows Slight Uptick In July

U.S. Consumer Sentiment Shows Slight Uptick In July

08/02/2019 - 10:16:00 (RTTNews)

(RTTNews) - After previously releasing preliminary data showing a slight improvement in U.S. consumer sentiment in the month of July, the University of Michigan released a report on Friday showing its reading on consumer sentiment was unrevised.

The report said the consumer sentiment index for July came in at 98.4, unchanged from the preliminary reading and up slightly from the final June reading of 98.2. Economists had expected the index to be unrevised.

"Consumer sentiment remained unchanged in late July from the mid-month reading, with all component questions showing only small and offsetting changes," said Surveys of Consumers chief economist Richard Curtin.

"Economic confidence has been remarkably stable since the start of 2017, despite ongoing trade uncertainties," he added. "The resilience displayed has been primarily due to a renewed sense of personal financial optimism."

The report said the current economic conditions index dipped to 110.7 in July from 111.9 in June, while the index of consumer expectations inched up to 90.5 from 89.3.

On the inflation front, one-year inflation expectations edged down to 2.6 percent in July from 2.7 percent in June, although five-year inflation expectations rose to 2.5 percent from 2.3 percent.

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2019 RTTNews.com. All Rights Reserved

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS


Belgium Business Confidence Weakens Further (52 min(s), 27 sec(s) ago)
(RTTNews) - Belgium's business confidence deteriorated further in August, driven by the weaken ...Full Story»

Moody's Cuts Growth Forecasts Of 16 Asia Pacific Economies On Weaker Outlook (01 hr(s), 13 min(s), 27 sec(s) ago)
(RTTNews) - Moody's Investor Service announced on Friday that it has revised down the 2019-20 ...Full Story»

Taiwan Industrial Production Rises Unexpectedly (03 hr(s), 05 min(s), 27 sec(s) ago)
(RTTNews) - Taiwan's industrial production grew unexpectedly in July, figures from the Ministr ...Full Story»

Lithuania Industrial Production Rises In July (05 hr(s), 47 min(s), 27 sec(s) ago)
(RTTNews) - Lithuania's industrial production rose in July, figures from the Department of Sta ...Full Story»

Austria Production Index Rises In June (05 hr(s), 48 min(s), 27 sec(s) ago)
(RTTNews) - Austria's production index rose in June, led by a growth in industrial output and ...Full Story»

Singapore Inflation Moderates More Than Forecast (07 hr(s), 46 min(s), 27 sec(s) ago)
(RTTNews) - Singapore's inflation slowed more-than-expected in July, data from the Monetary Au ...Full Story»

New Zealand Retail Sales Growth Slows In Q2 (09 hr(s), 21 min(s), 27 sec(s) ago)
(RTTNews) - New Zealand retail sales grew at a slower rate in the second quarter, figures from Sta ...Full Story»

Sri Lanka Central Bank Cuts Key Rates By 50 Bps (49 min(s), 33 sec(s) ago)
(RTTNews) - Sri Lanka's central bank reduced its key interest rates unexpectedly by 50 basis p ...Full Story»

Search

INTERNATIONAL FINANCIAL NEWS

Belgium Business Confidence Weakens Further

08/23/2019 - 09:16 AM (RTTNews)
(RTTNews) - Belgium's business confidence deteriorated further in August, driven by the weaken ...Full Story>>

Moody's Cuts Growth Forecasts Of 16 Asia Pacific Economies On Weaker Outlook

08/23/2019 - 08:55 AM (RTTNews)
(RTTNews) - Moody's Investor Service announced on Friday that it has revised down the 2019-20 ...Full Story>>

Taiwan Industrial Production Rises Unexpectedly

08/23/2019 - 07:03 AM (RTTNews)
(RTTNews) - Taiwan's industrial production grew unexpectedly in July, figures from the Ministr ...Full Story>>

Lithuania Industrial Production Rises In July

08/23/2019 - 04:21 AM (RTTNews)
(RTTNews) - Lithuania's industrial production rose in July, figures from the Department of Sta ...Full Story>>

Austria Production Index Rises In June

08/23/2019 - 04:20 AM (RTTNews)
(RTTNews) - Austria's production index rose in June, led by a growth in industrial output and ...Full Story>>
Copyright © 2019. All market data is provided by Barchart Solutions. Information is provided "as is" and solely for informational purposes, not for trading purposes or advice. To see all exchange delays and terms of use, please see disclaimer.