US consumer confidence rises to 97.2, but recession signal persists

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US Conference Board Consumer Confidence rose from 93.0 to 97.2 in July, beating expectations of 95.9. Expectations Index climbed 4.5 points to 74.4, signaling a slight improvement in sentiment about future conditions, but remained below the critical 80 threshold, a level typically associated with looming recession risk. Meanwhile, Present Situation Index dipped -1.5 points to […]The post US consumer confidence rises to 97.2, but recession signal persists appeared first on Action Forex.