Reflecting pops in both current conditions and expectations, the Conference Board released a report on Tuesday showing U.S. consumer confidence improved by much more than expected in the month of July.
The Conference Board said its consumer confidence index jumped to 117.0 in July from an upwardly revised 110.1 in June. Economists had expected the index to climb to 111.8 from the 109.7 originally reported for the previous month.
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