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6 articles
·19d

U.S. Consumer Confidence Index Sees Largest Monthly Gain in Four Years Amid Tariff Negotiations

The U.S. Consumer Confidence Index rose 12.3 points in May, reflecting improved economic sentiment following tariff negotiations with China and the EU.


Overview

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The Conference Board reported a 12.3-point increase in the U.S. Consumer Confidence Index for May, reaching 98.0, the largest monthly gain in four years. This rise follows five months of declines, driven by a truce in the U.S.-China trade war and a delay of tariffs on the EU. Despite lingering concerns over tariffs and inflation, the rebound indicates growing optimism among consumers, particularly regarding major purchases. The expectations index surged 17.4 points, although it remains below the recession warning threshold. Confidence is rising across demographics, but concerns about job availability persist.

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Analysis

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The articles present a cautiously optimistic view of the economy, noting a rebound in consumer confidence.

Concerns about tariffs and inflation persist, but job growth and consumer spending show potential for improvement.

The overall economic outlook remains mixed, balancing hope with uncertainty regarding future developments.

Articles (6)

Compare how different news outlets are covering this story.

LeftCenterRight
PBS NewsHour
TIME Magazine
CNN
Newsmax
Breitbart News
Epoch Times
Consumer Confidence Jumps, Though Recession Fears Remain
TIME MagazineTIME Magazine·19d·
Leans Left
This outlet slightly leans left.

"…Americans are feeling more optimistic about the economy and labor market than they have in months."

US Consumer Confidence Improves Markedly in May
NewsmaxNewsmax·20d·
Right
This outlet favors right-wing views.

"…U.S. consumer confidence improved in May after deteriorating for five straight months amid a truce in the trade war between Washington and China."

U.S. Consumers Shake Off Gloom, Confidence Sees Biggest Boost In Four Years
Breitbart NewsBreitbart News·19d·
Right
This outlet favors right-wing views.

"…The Expectations Index, which measures how consumers see the next six months, soared by the most since 2011."

Tariff Pause Fuels Consumer Optimism as US Confidence Rebounds in May
Epoch TimesEpoch Times·19d·
Right
This outlet favors right-wing views.

"…Consumer confidence received a boost this month as Americans turned more optimistic following the U.S.-China tariff pause."

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History

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  • 19d
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    5 articles