Report
John Ryding
EUR 220.94 For Business Accounts Only

U.S. Consumers Have High Levels of Confidence

​The Conference Board’s consumer confidence index was again stronger than expected, rising to 121.1 in July from 117.3 in June. Both the present situations index and the consumer expectations index improved in July—the present situations index is the highest since July 2001. Consumers’ assessment of the current labor market strengthened further in July—the net jobs “plentiful” less jobs “hard to get” index improved to 16.1% in July (the highest since August 2001) from 13.6% in June.

Provider
RDQ Economics
RDQ Economics

RDQ Economics provides global macroeconomic consulting services with an emphasis on U.S. economic fundamentals and monetary policy.

Our views are driven by consistent application of classical economic and monetary principles and has generated superior anticipation of changes in the stance of monetary policy and of movements in economic growth and inflation.

The founders of RDQ Economics, John Ryding and Conrad DeQuadros, have a combined experience of 26 years on Wall Street, 12 years of experience in central banking at the Federal Reserve and the Bank of England and nine years in the independent research space. John and Conrad have worked closely with fixed income, foreign exchange, and equity traders and portfolio managers, which has enabled their analysis and advice to be tailored to a clientele that is focused on trading and investment decisions.

Analysts
John Ryding

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