Preliminary Results for July 2015
Jul Jun Jul M-M Y-Y
2015 2015 2014 Change Change
Index of Consumer Sentiment 93.3 96.1 81.8 -2.9% +14.1%
Current Economic Conditions 106.0 108.9 97.4 -2.7% +8.8%
Index of Consumer Expectations 85.2 87.8 71.8 -3.0% +18.7%
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Next data release: July 31, 2015 for Final July data at 10am ET
Surveys of Consumers chief economist, Richard Curtin
Consumer confidence continued to meander sidewards with no indication of a potential break in the prevailing positive trend in sentiment. The small loss in early July reflected a slight rise in concerns about international developments which was partially offset by continued news of job gains. The July reading was the eighth month above 90.0, the best record since seventeen months were recorded from late 2003 to early 2005 during the last expansion. Consumption expenditures will remain the driving force in the economy, with the data indicating an expansion in consumption by 3% in 2015.