Consumer Sentiment Hits Highest Level in Five Months — RISMedia
By: Claudia Larsen | Published: 2025-07-18 17:19:00 | Source: www.rismedia.com
Consumers are definitely feeling more positive about the economy as of late, but remain slightly apprehensive in the long run, according to the latest data from the University of Michigan.
The preliminary results for the July Index of Consumer Sentiment came in at 61.8, up 1.8% from June’s reading of 60.7. This is both the highest level reported in five months, and the second consecutive month of increases. Short run business expectations also saw about an 8% jump.
Year-over-year, however, the index is still down by 6.9%, and down 16% from the high in December 2024. In addition, personal finance expectations fell by about 4%.
“Consumers are unlikely to regain their confidence in the economy unless they feel assured that inflation is unlikely to…
