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US Consumers Continue to Grow More Cautious
Posted
July 29, 2026
Views
2,107
Likes
30
Comments
35
Engagement
3.08%
July 29, 2026
2,107
30
35
3.08%
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7:23Now PlayingUS consumer confidence fell in July as Americans’ views about current business conditions and the labor market deteriorated.
Elevated gasoline and food prices likely weighed on US households, underscoring broader concerns about persistent inflation and the rising cost of living.
Julia Wilson, Principal: Consumer & Retail Strategy at KPMG, talks about the squeezed consumer and the back-to-school ramp-up affecting economic data.
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