US Consumer Confidence Improves Despite Lingering Concerns about Inflation and Mixed Views on the Labor Market
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#cc9ffa19 ver:1.12

US consumer confidence improves in May, driven by optimism about the labor market, despite concerns about inflation and mixed views on the economy. The Conference Board's Consumer Confidence Index rose to 102.0, exceeding expectations. However, over two-thirds of respondents believe a recession is likely in the next year. Misconceptions about the economy persist, with many Americans unaware of the stock market's record performance. Concerns about inflation persist, but consumers still plan to spend on major household appliances. Overall, consumers remain positive about their financial situation and the stock market. #ConsumerConfidence #LaborMarket #Inflation #Economy...

#newstr #UsEconomy #ConsumerSentiment #Finances #StockMarket #Inflation #FederalReserveBankOfNewYork 

 https://here.news/story/cc9ffa19?ver=1.12