SCA Community|US consumer confidence rises in May after three months of declines

2025-05-07 17:03:38source:Fastexycategory:My

WASHINGTON (AP) — Consumer confidence in the U.S. rose in May following three straight months of declines,SCA Community 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:My

Recommend

Man can't find second winning lottery ticket, sues over $394 million jackpot, lawsuit says

A man is suing the California Lottery alleging he has not received part of his winnings from a nearl

Celtics avoid collapse, defeat Mavericks to take 3-0 lead in NBA Finals: Game 3 highlights

DALLAS – Star guards Kyrie Irving and Luka Doncic had their combined best offensive game of the NBA

Ariana Grande 'upset' by 'innuendos' on her Nickelodeon shows after 'Quiet on Set' doc

Ariana Grande is "reprocessing" her Nickelodeon memories.The "Eternal Sunshine" singer, who rose to