Improvements in US consumer expectations halt in July

New York skyscrapers and flag

US consumers’ expectations on employment and their financial prospects have “slightly deteriorated” in July, after two months of improvements, a New York Fed survey shows.

The estimated average probability that the US unemployment rate will be higher one year from now increased to 39.3% in July from 35.1% in June, the Survey of Consumer Expectations shows. This is the first increase after three months of decline, following a series high of 50.9% in March.

Households’ expectations about their

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account

.