With all the crazy sh#t going on, will Consumer Confidence fall in its next report on 7/28?
92% of users predicted YES — the community got this one right. 36 predictions cast.
The Conference Board's Consumer Confidence Index fell to 90.8 in July 2026, down 1.4 points from an upwardly revised 92.2 in June, according to data released Tuesday, July 28. It was the third consecutive month consumers grew less positive about current conditions. The Present Situation Index, measuring views of current business and labor conditions, dropped 3.6 points to 114.9, while the Expectations Index held steady at 74.7.
Survey respondents, polled between July 1 and July 22, cited rising grocery and fuel prices as a factor weighing on sentiment. The survey window also coincided with ongoing conflict in the Middle East. Conference Board chief economist Dana Peterson said confidence "moderated slightly in July, continuing a general downward sloping trajectory since late 2021."
The community strongly anticipated the decline, with 92% of bettors forecasting a fall ahead of the report's release, and the outcome confirmed that expectation. The reading fits a broader pattern in 2026 of consumers reporting more favorable views of future expectations than of present-day conditions, a gap tied to persistent cost pressures on households even as headline growth indicators have held up.