US consumer confidence jumps to 98.0 in May: TCB
US consumer confidence jumped in May 2025, with the Index rising to 98.0 from 85.7. The Present Situation Index climbed to 135.9, and the Expectations Index rose to 72.8. Views on business, jobs, and income improved, while inflation fears eased. Tariffs, affordability, and savings behaviour remained key concerns, though recession fears declined.
US consumer confidence jumped in May 2025, with the Index rising to 98.0 from 85.7.
The Present Situation Index climbed to 135.9, and the Expectations Index rose to 72.8.
Views on business, jobs, and income improved, while inflation fears eased.
Tariffs, affordability, and savings behaviour remained key concerns, though recession fears declined.
