Consumer Sentiment Inches Up in July

Ann Arbor, MI, July 29--Consumer sentiment rose in late July, according to the University of Michigan. The university’s consumer sentiment index rose to 96.5 in late July from 96.0 in June, reports said. It was at 96.5 in early July as well. Economists were expecting the final July index to slide to 96.3. The current conditions index rose to 113.5 from 113.2 in June, while the expectations index improved to 88.5 in late July from 85 in June.