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US consumer confidence unexpectedly rises to four-month high

Tuesday, July 25, 2017 - 22:51

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US consumer confidence unexpectedly rose in July to a four-month high as Americans had sunnier views on both the current situation and outlook, data from the New York-based Conference Board showed Tuesday.

[WASHINGTON] US consumer confidence unexpectedly rose in July to a four-month high as Americans had sunnier views on both the current situation and outlook, data from the New York-based Conference Board showed Tuesday.

The research group's confidence index increased to 121.1 following a 117.3 June reading. The median estimate of analysts surveyed by Bloomberg was for a decline to 116.5.

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