US EditionConsumer sentiment improved in July, despite Trump's tariff threats
UNITED STATES, JUL 18 – Consumers' inflation expectations fell 4.4% in July amid improving short-term business outlook, despite personal financial concerns and upcoming tariffs starting August 1, University of Michigan data show.
- Consumer sentiment improved in July, climbing to 61.8 from 60.7 in June despite Trump's tariff threats, according to the University of Michigan's preliminary results.
- The increase slightly surpassed analyst expectations and marked the index's highest point in five months, though it remains well below the historical average of 84.4.
- While consumers feel more positive about short-term business conditions, their expectations for inflation a year from now fell for a second consecutive month to 4.4%, the lowest since February 2025.
Insights by Ground AI
Does this summary seem wrong?
26 Articles
26 Articles
Americans are the most optimistic about the economy since just after Trump's inauguration
There’s one survey to rule them all, when it comes to getting a gut feeling for the health of the American consumer. Running monthly since 1946, the University of Michigan’s consumer sentiment survey offers an uninterrupted, long-term record of American consumers’ mood across wars, booms, recessions, and technological change. The July edition shows renewed optimism, according to the University of Michigan’s preliminary results, as the Consumer S…
·New York, United States
Read Full Article
US consumer sentiment regarding the country's economic situation has risen to its highest level in five months, according to a University of Michigan survey released today.
·Belgrade, Serbia
Read Full Article
Coverage Details
Total News Sources26
Leaning Left3Leaning Right3Center7Last UpdatedBias Distribution54% Center
Bias Distribution
- 54% of the sources are Center
54% Center
L 23%
C 54%
R 23%
Factuality
To view factuality data please Upgrade to Premium
