Greenledgers Trading Center|US consumer confidence rises in May after three months of declines

2025-05-06 03:21:11source:Benjamin Ashfordcategory:Scams

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

More:Scams

Recommend

Matt Damon remembers pal Robin Williams: 'He was a very deep, deep river'

Ten years ago on Sunday, the laughter stopped.In a beautiful waterfront home in Paradise Cay, Califo

What we know — and don’t know — about the crash of a Russian mercenary’s plane

The head of a Russian mercenary group who launched a rebellion against Moscow’s military leadership

Jim Harbaugh announces Michigan football coaching plan during his suspension

Michigan football coach Jim Harbaugh has announced who will serve as head coach while he's suspended