Consumer Confidence Eases on Economic, Jobs Expectations

Americans this month became less upbeat about the outlook for jobs and business after sentiment reached a 16-year high two months ago in anticipation Washington lawmakers would help recharge the economy, according to data from the New York-based Conference Board released Tuesday.

Highlights of Consumer Confidence (May)

Confidence index fell to 117.9 (forecast was 119.5) from a revised 119.4 in April Present conditions measure crept up to 140.7 from 140.3 Gauge of consumer expectations for the next six months dropped to a four-month low of 102.6 from 105.4 Measures of the outlooks for business and employment both decreased to six-month lows

Key Takeaways

Despite the drop, optimism is still running high on an economy that has kept producing a steady flow of jobs, rising stock and home prices and at least gradual gains in wages. The index of sentiment about current conditions is the second-highest since August 2001. The decline in expectations

admin

admin

Leave a Reply

Recent Posts

Trump Supporters: Get Your 2020 'Keep America Great' Shirts Now!

Are you a proud supporter of President Donald Trump?

If so, you’ll want to grab your 2020 re-election shirt now and be the first on your block to show your support for Trump 2020!

These shirts are going fast so click here to check for availability in your area!

-> CHECK AVAILABILITY HERE


More Popular Stuff for Trump Supporters!

MUST SEE: Full Color Trump Presidential Coin (limited!)

Hilarious Pro Trump 'You are Fake News' Tee Shirt!

[Exclusive] Get Your HUGE Trump 2020 Yard or House Flag!

<