US Consumer Confidence Rises in May, but Concerns about Recession and Inflation Persist =============== #cc9ffa19 ver:1.07 US consumer confidence unexpectedly rises in May, driven by optimism about the labor market, but concerns about recession and inflation persist. Wealthier Americans show the largest rise in confidence. Despite worries about high prices, consumers are feeling better about the overall state of the economy. However, misconceptions about the economy among Americans highlight divergent views. Concerns about inflation and expectations of higher interest rates remain. The rebound in consumer confidence is a positive sign for the US economy, but uncertainties about the future persist. #ConsumerConfidence #US #Economy #Inflation #Recession... #newstr #UsConsumerConfidence #LaborMarket #Recession #Inflation #Economy #RetailSales #Misconceptions https://here.news/story/cc9ffa19?ver=1.07