NEW YORK — U.S. consumer confidence rose in July after four months of declines, as a brighter outlook for short-term hiring offset longer-term worries about the economy.
The Conference Board said Tuesday that its Consumer Confidence Index increased to 65.9, from 62.7 in June. That’s the highest reading since April and better than the reading of 62 that economists had forecast.
Still, the index remains well below 90, which indicates a healthy economy.