US Consumer Confidence Rises, But Experts See Storm Ahead
US consumer confidence rose in May, the third straight month for plus results according to the Conference Board’s monthly survey, says Tire Review. The Conference Board’s Consumer Confidence Index rose to 63.3 in May, well up from April’s 57.7 mark. And consumer outlook for the next six months also rose, reaching 85.3 up from last month’s 77.4 result, the highest outlook result since August 2007.