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U.S. Consumer Confidence Hits 5-Month High of 54.4 in July, Beats Forecast

2026-07-17 16:31:27

GAS-2.40%

According to the University of Michigan, U.S. consumer confidence rose to 54.4 in July (released today, July 17), up from 49.5 in June, exceeding economist expectations of 51.0. The surge was driven primarily by declining gasoline prices, which eased household living cost pressures. The one-year inflation expectation also improved to 4.2%, down from 4.6% in June.

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University of Michigan Consumer Confidence Index Rises to 54.4 in June, Exceeds Expectations

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U.S. July Consumer Confidence Beats Forecast at 54.4, Up from 49.5

University of Michigan Consumer Sentiment Index Beats in July at 54.9 vs 48.7 Forecast

U.S. One-Year Inflation Expectations Fall to 4.2% in July, Below Forecast of 4.4%

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