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Friday, August 16, 2019
HomeNewsEconomyPreliminary Consumer Sentiment for July Increases Slightly

Preliminary Consumer Sentiment for July Increases Slightly

Sale, consumerism and people concept - happy family with child and shopping cart buying food at grocery store or supermarket. (Photo: PPD/AdobeStock/Syda Productions)
Sale, consumerism and people concept - happy family with child and shopping cart buying food at grocery store or supermarket. (Photo: PPD/AdobeStock/Syda Productions)
Sale, consumerism and people concept – happy family with child and shopping cart buying food at grocery store or supermarket. (Photo: PPD/AdobeStock/Syda Productions)

The preliminary reading for consumer sentiment in July ticked slightly higher to 98.4, just below the 98.6 consensus forecast. Consumer Expectations increased and Current Conditions decreased 0.8, respectively.


Survey of Consumers (Prelim)PriorConsensus ForecastForecast RangeResult
Sentiment Index98.2 98.6 96.9  to 99.5 98.4 
Current Conditions111.9111.1
Consumer Expectations89.390.1

“Consumer sentiment remained largely unchanged in early July from June, remaining at quite favorable levels since the start of 2017,” Surveys of Consumers chief economist Richard Curtin, said.

“Moreover, the variations in Sentiment Index have been remarkably small, ranging from 91.2 to 101.4 in the past 30 months.”

The next data release for the final reading is scheduled for Friday, August 02, 2019 at 10:00 am EST.

Written by
Staff Writing Group

PPD Business, the economy-reporting arm of People's Pundit Daily, is "making sense of current events." We are a no-holds barred, news reporting pundit of, by, and for the people.

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