US Consumer Confidence Rises to a Two-Year High on Job Market
- Conference Board’s index rose almost 7 points to 117 in July
- Present and expected conditions measures both improved
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US consumer confidence advanced in July to a two-year high, bolstered by a strong job market and easing inflation.
The Conference Board’s index rose to 117 this month from 110.1 in June, data out Tuesday showed. That exceeded the median estimate of 112 in a Bloomberg survey of economists.