The Conference Board Consumer Confidence Index® dipped 0.7 points to 93.1 in May, down from an upwardly revised 93.8 in April, continuing a downward trend for consumer confidence since late 2024.
The Present Situation Index—based on consumers’ assessment of current business and labor market conditions—retreated by 3.2 points to 121.2. The Expectations Index—based on consumers’ short-term outlook for income, business, and labor market conditions—rose by 1.0 points to 74.4.
The survey period for this month’s preliminary results was May 1–19, encompassing the ongoing war in the Middle East that is placing upward pressure on prices globally. Join Dana M Peterson and Alex Heil to find out what to make of the latest consumer confidence results and what’s next for US energy markets.
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C-Suite Perspectives is a series hosted by our President & CEO, Steve Odland. This weekly conversation takes an objective, data-driven look at a range of business topics aimed at executives. Listeners will come away with what The Conference Board does best: Trusted Insights for What’s Ahead®.
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