U.S. Consumer Confidence Edges Modestly Lower In May
30 Maggio 2023 - 12:22PM
RTTF2
Consumer confidence in the U.S. saw a modest decrease from an
upwardly revised level in the month of May, according to a report
released by the Conference Board on Tuesday.
The Conference Board said its consumer confidence index edged
down to 102.3 in May from an upwardly revised 103.7 in April.
Economists had expected the consumer confidence index to slip to
100.0 from the 101.3 originally reported for the previous
month.
"Consumer confidence declined in May as consumers' view of
current conditions became somewhat less upbeat while their
expectations remained gloomy," said Ataman Ozyildirim, Senior
Director, Economics at The Conference Board.
He added, "While consumer confidence has fallen across all age
and income categories over the past three months, May's decline
reflects a particularly notable worsening in the outlook among
consumers over 55 years of age."
The report said the present situation index decreased to 148.6
in May from 151.8 in April, while the expectations index dipped to
71.5 from 71.7.
Grafico Cross Sterling vs US Dollar (FX:GBPUSD)
Da Ago 2023 a Set 2023
Grafico Cross Sterling vs US Dollar (FX:GBPUSD)
Da Set 2022 a Set 2023
