Oliver James Montgomery-US consumer confidence rises in May after three months of declines

2025-05-07 21:25:43source:Robert Browncategory:Contact

WASHINGTON (AP) — Consumer confidence in the U.S. rose in May following three straight months of declines,Oliver James Montgomery 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:Contact

Recommend

State, local officials failed 12-year-old Pennsylvania girl who died after abuse, lawsuits say

PHILADELPHIA (AP) — The state, two counties and different schools missed warning signs and failed to

Lupita Nyong'o Breaks Down in Tears Detailing Grief Over Black Panther Costar Chadwick Boseman’s Death

Lupita Nyong'o will always keep Chadwick Boseman in the warmth of her love. Over four years after th

Pink Shares Why Daughter Willow, 13, Being a Theater Kid Is the “Ultimate Dream”

Pink is giving the world another reason to say she’s an incredible mother.After a recent trip to see