US Conference Board Consumer Confidence dropped slightly from 108.6 to 106.4 in May, above expectation of 107.3. Present Situation Index dropped from 152.9 to 149.6. Expectations Index dropped from 79.0 to 77.5. “Consumer confidence dipped slightly in May, after rising modestly in April,” said Lynn Franco, Senior Director of Economic Indicators at The Conference Board. […]
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