US Consumer Confidence Improves Despite Lingering Concerns about Inflation
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#cc9ffa19 ver:1.11

US consumer confidence unexpectedly improves in May, reaching 102.0 on the Consumer Confidence Index, driven by optimism about the labor market. However, concerns about a potential recession persist, with over two-thirds of respondents believing it is likely in the next year. Despite the rebound, misconceptions about the economy remain, with many Americans mistakenly believing the stock market is down for the year. Concerns about inflation persist, but consumers still plan to spend on major household appliances. #ConsumerConfidence #Economy #Inflation...

#newstr #UsEconomy #ConsumerConfidence #Inflation #Recession #JobMarket 

 https://here.news/story/cc9ffa19?ver=1.11