WASHINGTON — Americans’ view of the U.S. economy improved this month, but Americans remain concerned about the impact of tariffs on their economic futures.

The Conference Board said Tuesday that its consumer confidence index rose two points to 97.2 in July, up from 95.2 the previous month.

The increase in confidence was in line with analysts’ forecasts.

In April, American consumers’ confidence in the economy sank to its lowest reading since May 2020, largely due to anxiety over the impact of President Donald Trump’s tariffs.

A measure of Americans’ short-term expectations for their income, business conditions and the job market rose 4.5 points to 74.4, however that’s still significantly below 80, the marker that can signal a recession ahead.

Consumers’ assessments of their current economic situation inched down by 1.5 points to 131.5.

Tariffs and the impact they could have on personal finances remains respondents’ greatest concern, the Conference Board said.

Trump’s aggressive and unpredictable policies — including massive import taxes — have clouded the outlook for the economy and the job market, raising fears that the American economy is headed toward a recession.