Current:Home > NewsUS consumer confidence rises in May after three months of declines -Secure Growth Academy
US consumer confidence rises in May after three months of declines
View
Date:2025-04-17 18:31:57
WASHINGTON (AP) — Consumer confidence in the U.S. rose in May following three straight months of declines, 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.
veryGood! (4)
Related
- Selena Gomez's "Weird Uncles" Steve Martin and Martin Short React to Her Engagement
- Who won the Powerball drawing? $215 million jackpot winning ticket sold in Florida
- Police investigating shooting outside Drake’s mansion that left security guard wounded
- Kourtney Kardashian Shares Beautiful Moment Between Travis Barker and Son Rocky
- EU countries double down on a halt to Syrian asylum claims but will not yet send people back
- Sinkhole in Las Cruces, NM swallowed two cars, forced residents to leave their homes
- High-voltage power line through Mississippi River refuge approved by federal appeals court
- Authorities Share of Cause of Death Behind 3 Missing Surfers Found in Mexico
- US appeals court rejects Nasdaq’s diversity rules for company boards
- Democrats hope abortion issue will offset doubts about Biden in Michigan
Ranking
- Have Dry, Sensitive Skin? You Need To Add These Gentle Skincare Products to Your Routine
- Easily track your grocery list (and what's in your fridge) with these three apps
- Beyoncé's mom, Tina Knowles, gives adorable update on twins Rumi and Sir Carter
- Chicago Fire's Eamonn Walker Leaving After 12 Seasons
- Arkansas State Police probe death of woman found after officer
- Boeing’s first astronaut launch is off until late next week to replace a bad rocket valve
- High-voltage power line through Mississippi River refuge approved by federal appeals court
- California mom arrested after allegedly abusing 2-year-old on Delta flight from Mexico
Recommendation
McKinsey to pay $650 million after advising opioid maker on how to 'turbocharge' sales
Storms batter Midwest one day after tornado leaves at least 1 dead in Oklahoma
Most FTX customers to get all their money back less than 2 years after catastrophic crypto collapse
Last Minute Mother's Day Deals at Kate Spade: Score a Stylish $279 Crossbody for $63 & Free Gift
Spooky or not? Some Choa Chu Kang residents say community garden resembles cemetery
California Supreme Court to weigh pulling measure making it harder to raise taxes from ballot
Russia plans tactical nuclear weapons drills near Ukraine border, citing provocative statements from NATO
Justin Timberlake Reacts to Jessica Biel’s Over-the-Top Met Gala Gown