Our Privacy Statment & Cookie Policy

All LSEG websites use cookies to improve your online experience. They were placed on your computer when you launched this website. You can change your cookie settings through your browser.

July 20, 2021

Consumer Confidence in July 2021 Drops for First Time in 2021

by Jharonne Martis.

“With continuing fears of inflation and rising prices, this month’s Refinitiv/Ipsos Primary Consumer Sentiment Index drops for the first time this year. This slight drop, as well as declines in some of the sub‐indices, reflect consumers pausing to assess the changing economic situation,” Chris Jackson of Ipsos states. “The Jobs Index, however, continues to show growth for the seventh month in a row as the economy continues to reopen and people go back to work.”

Jharonne Martis, Director of Consumer Research at Refinitiv, said, “Pressured with growing inflation and a surge in Delta variant cases, consumers are spending most of their money on Household Durables in the second quarter. Refinitiv is looking at an estimated 73.5% Q2 growth rate for this sector, suggesting consumers continue to invest in the stay‐at-home experience.”

Download the full report here.

Join a growing community of asset managers and stay up to date with the latest research from Refinitiv and partners to help you inform your investment decisions. Follow our Asset Management LinkedIn showcase page.

Report Topics

Get In Touch

Subscribe

Related Reports

U.S. retail sales smashed expectations in March, with total sales (mkt +0.3% m/m) up ...

WASHINGTON, DC - The LSEG/Ipsos Primary Consumer Sentiment Index for April 2024 is ...

The LSEG/Ipsos Primary Consumer Sentiment Index for March 2024 is at 53.1. Fielded from ...

To date, 186 of the 204 companies in our retail/restaurant index have reported their EPS ...

We have updated our Privacy Statement. Before you continue, please read our new Privacy Statement and familiarize yourself with the terms.x