The Consumer Confidence Report – out today – broke a three-month losing streak. It rose to 102 in May, up from 97.5 in April. Meanwhile, the “Expectations Index” also rose slightly to 74.6, up from 68.8 last month.
Read More Consumer Confidence Report Breaks Losing StreakTag: Anthony Saccaro
Economic Roller Coaster: Consumer Confidence Dips
Consumer confidence, that’s how people feel about the economy, which is top-of-mind for voters this election, dropped for the third straight month, hitting 97 in April, down from 103 in March. The Expectations Index assesses people’s short-term 6-month outlook based on factors like income, business conditions, and the job market.
Read More Economic Roller Coaster: Consumer Confidence DipsEconomic Rollercoaster: Consumer Confidence Surges, Yet Challenges Persist In Biden Era
President Biden announced the U.S. will respond to an Iran-backed drone strike in Jordan that killed three U.S. service members.
Read More Economic Rollercoaster: Consumer Confidence Surges, Yet Challenges Persist In Biden Era