|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
26.05.26 - 18:01
|
Conference Board Consumer Expectations Hit YTD Highs, Inflation Fears Dip In May (ZeroHedge)
|
|
|
Conference Board Consumer Expectations Hit YTD Highs, Inflation Fears Dip In May
With war (and rising gas prices) now fully embedded in respondents' minds (along with record high stock prices), it is perhaps not entirely surprising that The Conference Board's Consumer Confidence dipped in May (but was better than expected).
The headline index dipped 0.7 points to 93.1 in May, down from an upwardly revised 93.8 in April.
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 highest since Dec 2025.
Source: Bloomberg
“Consumer confidence edged downward in May as the inflationary impacts of the war in the Middle East intensified,” said Dana M Peterson, Chief Economist, The Conference Board.
“Consumer appraisals of current business conditions and the ...
|
|