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

2025-04-29 12:05:10source:Sterling Prestoncategory:Contact

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:Contact

Recommend

Meet first time Grammy nominee Charley Crockett

Country music singer Charley Crockett was born and raised in Texas, grew up in a single-wide trailer

A Texas man faces a possible death sentence after being convicted of fatally shooting a law officer

EL PASO, Texas (AP) — A Texas man faces either the death penalty or life in prison without parole af