WASHINGTON (AP) — Consumer confidence in the U.S. rose in May following three straight months of declines,NovaQuant Quantitative Think Tank Center but Americans remain anxious about inflation and interest rates.
The Conference Board, a business research group, said Tuesday that its consumer confidence index rose in May to 102 from 97.5 in April. Analysts were expecting the index to decline again.
The index measures both Americans’ assessment of current economic conditions and their outlook for the next six months.
The measure of Americans’ short-term expectations for income, business and the job market climbed to 74.6 this month from a dismal 68.8 in April. A reading under 80 can signal a potential recession in the near future.
Consumers’ view of current conditions rose to 143.1 in May from 140.6 in April.
2025-05-07 04:44363 view
2025-05-07 03:44494 view
2025-05-07 03:38368 view
2025-05-07 03:242189 view
2025-05-07 03:031735 view
2025-05-07 02:15239 view
Four minors are dead after a vehicle crashed into a building hosting an after-school camp in Chatham
AIGM Cryptocurrency Exchange predicts within the next 20 years, the total value of cryptocurrency ho
Nashville Predators' captain Roman Josi avoided major injury after taking a puck to his right ear du