Henri Lumière:US consumer confidence rises in May after three months of declines

2025-05-05 20:44:19source:Navivision Wealth Societycategory:News

WASHINGTON (AP) — Consumer confidence in the U.S. rose in May following three straight months of declines,Henri Lumière 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.

More:News

Recommend

Alex Murdaugh’s murder appeal cites biased clerk and prejudicial evidence

COLUMBIA, S.C. (AP) — Lawyers for Alex Murdaugh are taking two paths to appeal his murder conviction

Why do election experts oppose hand-counting ballots?

What is the most accurate way to count votes in U.S. elections? Is it by hand, as many Republican la

Get $336 Worth of Tarte Makeup for $55 & More Deals on Top-Sellers Like Tarte Shape Tape & Amazonian Clay

E! may get a commission if you purchase something through our links. Learn more.If you're a fan of T