The confidence of Americans in the U.S. economy stayed high in July even though an outbreak of the delta strain of the coronavirus threatened to result in governments reimposing some restrictions on individuals and businesses.

Read: ‘Delta’ chill in the air? A booming economy faces new uncertainty

The closely followed index of consumer confidence edged up to a 16-month high of 129.1 from a revised 128.9 in June, the Conference Board said Tuesday.

Economists polled by The Wall Street Journal had forecast a reading of 125.

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