Present Situation Index: Declined to 135.9 from 133.5 in April 2025, indicating a slightly less optimistic view of current business and labor market conditions. Best since February
Key Drivers:
The Present Situation Index was less which indicates some caution regarding current economic conditions, possibly due to mixed signals in employment or business conditions.
This marks a reversal from five consecutive months of declining confidence, with April 2025 hitting a nearly five-year low of 86.0.
Economic Implications:
However, the Expectations Index below 80 still suggests some caution about recession risks in the near term.
Conducted by The Conference Board with Toluna, based on an online sample of ~5,000 households, assessing current and future business, employment, and income conditions.
Data cutoff for May 2025 results was approximately mid-May, with final results released on May 27, 2025
This article was written by Greg Michalowski at www.forexlive.com. Read More Details
Finally We wish PressBee provided you with enough information of ( US consumer confidence for May 98.0 versus 87.0 estimate. )
Also on site :