With a score of + 25 in July, the consumer confidence indicator is significantly above its long-term average over the past two decades (- 3). The indicator reached an all-time high in January 2000 (+ 36) and an all-time low in March 2013 (- 41).
Mood about economic climate improves, willingness to buy hardly changes
Consumer confidence in the economic climate shows some improvement in July. This component indicator of consumer confidence now stands at + 46, up from + 44 in June.
Consumer’s willingness to buy hardly changed. This component indicator climbed from + 10 in June to + 11 in July. Consumers are slightly more positive about their personal financial situation. They also think July is a better month to buy expensive, durable items.