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)||Prior||Consensus Forecast||Forecast Range||Result|
|Sentiment Index||98.2||98.6||96.9 to 99.5||98.4|
“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.