Published on: 08/2/18 1:11 PM
Category: Uncategorised
The confidence of the consumers has increased after a disappointing decrease in June. The expectations were surpassed as the United States dollar reached a higher point than the previous month. A detailed look at the survey results have revealed the positivity of certain caveats. The figure for July was 127.4 and was higher than the 126.4 figure for June. The forecast for July was also lower at 126.5. The decreases seen in June are believed to be the result of lower income prospects. One of the most important aspects of the economic activity in the United States is consumer spending. The apparently strong performance for the survey in July represents a lifeline to United States equities. After the unraveling of the FANG portfolio, this area has been troubled.