US Consumer Morale Dips More Than Expected In July: Sentiment 'Remains Stubbornly Subdued'
US Consumer Morale Dips More Than Expected In July: Sentiment 'Remains Stubbornly Subdued'
Preliminary estimates from the University of Michigan revealed that U.S. consumer confidence has declined more rapidly than anticipated in July, hitting its lowest level since November 2023.
密歇根大学的初步估计显示，美国消费者信心在7月份下降得比预期更快，达到2023年11月以来的最低水平。
The survey also indicated that inflation expectations have slightly eased, implying that the drop in consumer sentiment is beginning to impact demand and exert downward pressure on prices.
该调查还表明，通胀预期略有缓和，意味着消费者情绪的下降开始影响需求并对价格施加下行压力。
University Of Michigan July Consumer Sentiment Report: Key Highlights
密歇根大学7月消费者信心报告：重点亮点
- The University of Michigan consumer sentiment index fell from 68.2 in June to 66, missing economist estimates – as tracked by TradingEconomics – of 68.
- The sub-index for consumer expectations eased from 69.6 to 67.2, below the expected 69.8.
- The sub-index for current conditions fell from 65.9 to 64.1, below the predicted 66.3.
- The year-ahead inflation expectations decreased from 3% to 2.9%, as expected. Long-term inflation expectations edged lower from 3% to 2.9%, below the expected 3%.
- 密歇根大学消费者信心指数从6月的68.2下降到66，未能达到TradingEconomics跟踪的68的经济学家估计。
- 消费者预期的子指数从69.6降至67.2，低于预期的69.8。
- 当前状况的子指数从65.9下降到64.1，低于预测的66.3。
- 未来一年的通胀预期从3％下降到2.9％，符合预期。长期通胀预期从3％降至2.9％，低于预期的3%。
Economist Takeaways
经济学家的看法。
"Although sentiment is more than 30% above the trough from June 2022, it remains stubbornly subdued. Nearly half of consumers still object to the impact of high prices, even as they expect inflation to continue moderating in the years ahead," said the University of Michigan's Surveys of Consumers Director Joanne Hsu.
“尽管情绪比2022年6月的低点高出30％以上，但它仍然顽强地保持在低迷状态。尽管消费者期待通胀在未来几年中继续缓解，但仍有近一半的消费者反对高物价可能产生的影响。”化消费者调查的董事乔安娜·徐表示。
Consumers sense significant uncertainty regarding the economy's direction, although there is little evidence to suggest the first presidential debate influenced their economic perspectives, she said.
尽管没有证据表明第一次总统辩论影响了他们的经济观点，但消费者感觉到经济前景存在重大不确定性。
Market Reactions
市场反应
Wall Street hovered in the green Friday, with all major indices showing gains by 10:10 a.m. in New York.
华尔街周五上涨，所有主要指数截至纽约时间上午10:10均呈现涨势。
The S&P 500, as tracked by the SPDR S&P 500 ETF Trust (NYSE:SPY) was 0.6% higher, while small caps, monitored through the iShares Russell 2000 ETF (NYSE:IWM), outperformed larger caps, up 1.5%.
标普500指数，由SPDR标普500 ETF信托（NYSE: SPY）跟踪，涨0.6％，而通过iShares Russell 2000 ETF（NYSE: IWM）监视的小盘股表现优于大盘股，上涨1.5％。
Sector-wise, tech rebounded after Thursday's sell off, with the Technology Select Sector SDPR Fund (NYSE:XLE) up almost 1%.
在板块方面，科技股在周四的抛售后反弹，科技选择性行业SDPR基金（NYSE:XLE）上涨近1％。
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图片来自Shutterstock。