Current Conditions: 69.3 vs. 73.1 prior
Expectations: 56.8 vs. 53.5 prior
1yr Inflation Expectations: 4.8% vs 5.1% prior (largest drop since Sept-06)
5yr Inflation Expectations: 3.2% vs 3.2% prior
Preliminary August UMich Consumer Confidence is expected at 62 after a final reading of 61.2 in July. The drop in oil and gas prices was a major factor in the improvement of July’s numbers, and the August reading should get a similar boost from lower energy prices. In addition, the S&P 500 has gained 2.4% in August.
The Current Index increased from 67.6 in June to 73.1 in July, and the Expectations Index declined rose from 49.2 to 53.5.
Related data include:
• August RBC-CASH Index jumped to 33.8 from 14.6 in July
• Weekly ABC Index fell to -49 from an average -43.4 in Jul
• August IBD/TIPP Sentiment Index rose to 42.8 (highest since Feb) from 37.4 in July
• July Consumer Confidence from the Conference board improved to 51.9 from 51.0 in June
Preliminary August UMich Consumer Confidence is expected at 62 after a final reading of 61.2 in July. The drop in oil and gas prices was a major factor in the improvement of July’s numbers, and the August reading should get a similar boost from lower energy prices. In addition, the S&P 500 has gained 2.4% in August.
The Current Index increased from 67.6 in June to 73.1 in July, and the Expectations Index declined rose from 49.2 to 53.5.
Related data include:
• August RBC-CASH Index jumped to 33.8 from 14.6 in July
• Weekly ABC Index fell to -49 from an average -43.4 in Jul
• August IBD/TIPP Sentiment Index rose to 42.8 (highest since Feb) from 37.4 in July
• July Consumer Confidence from the Conference board improved to 51.9 from 51.0 in June
Current conditions: 73.1
Consumer expectations: 53.5
1yr inflation expectations: 5.1%
5yr inflation expectations: 3.2%
The final July UMich Consumer Confidence is expected at 56.4 after a preliminary reading of 56.6. The 56.4 expectation would be unchanged from June’s figure, which was the lowest level May-80.
The Current Index fell from 67.6 to 69.5 in the preliminary report, and the Expectations Index declined from 49.2 to 48.3. The 1yr inflation expectations rose from 5.1% to 5.3%, the highest figure since 1981. The 5-yr inflation expectation remained unchanged at 3.4%.
Related data include:
* July RBC-Cash Index dropped to 14.6 from 22.5 in June
* Weekly ABC Index improved to -41 from an average of -43.7 in June
* July IBD/TIPP Sentiment Index was unchanged at 37.4
The final July UMich Consumer Confidence is expected at 56.4 after a preliminary reading of 56.6. The 56.4 expectation would be unchanged from June’s figure, which was the lowest level May-80.
The Current Index fell from 67.6 to 69.5 in the preliminary report, and the Expectations Index declined from 49.2 to 48.3. The 1yr inflation expectations rose from 5.1% to 5.3%, the highest figure since 1981. The 5-yr inflation expectation remained unchanged at 3.4%.
Related data include:
* July RBC-Cash Index dropped to 14.6 from 22.5 in June
* Weekly ABC Index improved to -41 from an average of -43.7 in June
* July IBD/TIPP Sentiment Index was unchanged at 37.4
Current conditions: 69.5 (67.6 in June)
Consumer expectations: 48.3 (49.2 prior)
1yr inflation expectations: 5.3% (5.1% prior), highest since 1981
5yr inflation expectations: 3.4% (unchanged from prior month)
The Preliminary July UMich Consumer Confidence is expected at 55.5 after a final reading of 56.4 in June, the lowest level since the record low of May-80. Record high gas prices and a 2.2% drop in the S&P since the last reading will surely have a negative effect.
The Current Index fell from 73.3 in May to 67.6 in June, and the Expectations Index declined from 51.1 in May to 49.2 in June.
Related data include:
• July RBC-CASH Index dropped to 14.6 from 22.5 in June
• Weekly ABC Index improved to -41 from an average -43.7 in June
• June IBD/TIPP Sentiment Index decreased to 37.4 from 40.3 in May
The Preliminary July UMich Consumer Confidence is expected at 55.5 after a final reading of 56.4 in June, the lowest level since the record low of May-80. Record high gas prices and a 2.2% drop in the S&P since the last reading will surely have a negative effect.
The Current Index fell from 73.3 in May to 67.6 in June, and the Expectations Index declined from 51.1 in May to 49.2 in June.
Related data include:
• July RBC-CASH Index dropped to 14.6 from 22.5 in June
• Weekly ABC Index improved to -41 from an average -43.7 in June
• June IBD/TIPP Sentiment Index decreased to 37.4 from 40.3 in May
Current conditions: 67.6 (73.3 in May)
Consumer expectations: 49.2 (51.1 prior)
1yr inflation expectations: 5.1% (5.2% prior)
5yr inflation expectations: 3.4% (unchanged from prior month)