Overview
- The consumer confidence index rose to 100.3 in July, up from 97.8 in June.
- Short-term expectations for income, business, and the job market improved to 78.2.
- Current conditions sentiment fell to its lowest in over three years, at 133.6.
- Elevated prices for food and groceries continue to impact economic perceptions.
- Home purchase plans hit a 12-year low due to high interest rates and housing costs.