US consumer confidence rises in May after three months of declines
Release time：2024-05-29 11:48:07 Source：Global Grid news portal
WASHINGTON (AP) — Consumer confidence in the U.S. rose in May after three straight months of declines, though Americans are still 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.
- Previous：US files a labor complaint over claims that a Volkswagen plant in Mexico fired union activists
- Next：Astros put pitcher Cristian Javier on injured list and recall José Abreu from minors
Related articles
- US condemns loss of life, but says no policy changes after civilian deaths in Israeli strike
- Goalie error costs relegation battler Burnley a draw with Brighton in EPL
- Shohei Ohtani hits record
- Top legislature to review bills on patriotic education, safeguarding national secrets
- University of Florida employee, students implicated in illegal plot to ship drugs, toxins to China
- CPPCC wraps up annual session, Chinese modernization in focus
- Leaders highlight goals, tasks in talks
- Shohei Ohtani hits record
- Federal investigation of former Ohio House speaker ends with no charges filed
- AI Vibes: Landmark projects under the Belt and Road Initiative
- Korda leads the field for the US Women's Open as the PGA Tour heads north to Canada
- Zhejiang urged to boost modernization
- Kingsley Coman adds to Bayern Munich injury list and a doubt for Champions League match
- Georgia Steel puts on a VERY busty display in low
- Louisiana authorities search for 2 escaped jail inmates
- China's top political advisory body to hold annual session from March 4 to 10
- Jennifer Aniston, 55, and Reese Witherspoon, 48, both stun in chic all
- China to take multiple measures to upgrade basic education: minister
- New Jersey and wind farm developer Orsted settle claims for $125M over scrapped offshore projects
- Chinese vice premier stresses promoting rural revitalization
Random recommendation
- Copyright © 2024 Powered by US consumer confidence rises in May after three months of declines ,Global Grid news portal sitemap