US consumer confidence rises to 100.3, staying in narrow range prevails over two years

US Conference Board Consumer Confidence rose from 97.8 to 100.3 in July, above expectation of 99.8. Present Situation Index fell from 135.3 to 133.6. But Expectations Index rose from 72.8 to 78.2. Nevertheless, Expectations reading below 80 usually signals a recession ahead. “Confidence increased in July, but not enough to break free of the narrow […]

The post US consumer confidence rises to 100.3, staying in narrow range prevails over two years appeared first on Action Forex.