A Glimmer of Confidence: U.S. Consumers Show Optimism Amid Economic Challenges

In July 2024, U.S. consumer confidence unexpectedly surged against stagnant economic forecasts. The Conference Board reported a rise in the Consumer Confidence Index to 100.3, up from June’s revised 97.8, defying expectations of a decrease to 99.7. This increase signals growing optimism about future job prospects and the broader economy, despite ongoing caution about current […]