US consumer confidence improves slightly in July, but Americans remain concerned about tariffs

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US consumer confidence improves slightly in July, but Americans remain concerned about tariffs
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Americans’ view of the U.S. economy improved this month, but Americans remain concerned about the impact of tariffs on their economic futures.

Erin Stinnett and Victoria Vacca, who are also known as Fit & Fluffy, are among 24 ambassadors selected to promote the inaugural San Antonio MarathonSan Antonio Marathon ambassadors use social media to share journeys, inspire others to run Read full article: San Antonio Marathon ambassadors use social media to share journeys, inspire others to run The Bexar County Sheriff's Office is asking for the public's help after a two-year-old was found alone in a West Bexar County neighborhood.

BCSO: Parents of 2-year-old child found alone in west Bexar County neighborhood have been located Read full article: BCSO: Parents of 2-year-old child found alone in west Bexar County neighborhood have been locatedMan wanted in connection with attempted kidnapping in restaurant parking lot, Schertz police sayFILE - A sheet of new $1 bills is seen, Nov. 15, 2017, at the Bureau of Engraving and Printing in Washington. FILE - Appliances are displayed in a Costco warehouse on March 17, 2024, in Sheridan, Colo. FILE - A sheet of new $1 bills is seen, Nov. 15, 2017, at the Bureau of Engraving and Printing in Washington. – Americans’ view of the U.S. economy improved this month, but Americans remain concerned about the impact of tariffs on their economic futures. The Conference Board said Tuesday that its consumer confidence index rose two points to 97.2 in July, up from 95.2 the previous month.In April, American consumers’ confidence in the economy sank to its lowest reading since May 2020, largely due to anxiety over the A measure of Americans’ short-term expectations for their income, business conditions and the job market rose 4.5 points to 74.4, however that’s still significantly below 80, the marker that can signal a recession ahead.aggressive and unpredictable policies — including massive import taxes — have clouded the outlook for the economy and the job market, raising fears that the American economy is headed toward a recession. Consumers’ fears of a recession during the next 12 months declined slightly in July but remain elevated and above last year's levels.for the U.S. and the world this year and next because Trump’s protectionist trade policies so far appear to be doing less damage than many expected. The IMF now forecasts 3% growth for the global economy this year. That’s down from 3.3% in 2024, but an improvement on its previous forecast of 2.8% growth. Though concerns about inflation eased in July, it remains a major concern among respondents, who frequently mentioned higher prices in tandem with tariffs.Consumer prices rose 2.7% in June from a year earlier, up from an annual increase of 2.4% in May. Core prices, which exclude the volatile food and energy categories, also rose. Economists pay close attention to core prices because they generally provide a better indication of where inflation is headed. In the Conference Board’s survey, respondents’ views of the job market deteriorated for the seventh straight month, though the reading remains in positive territory as the U.S. labor market continues to churn out jobs.last month, down from 7.7 million in May. The number of people quitting their jobs — a sign of confidence in their prospects elsewhere — dropped last month. Copyright 2025 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed without permission.

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