US May consumer confidence 134.1 vs 130.0 expected

The Consumer Confidence Survey published by the Conference Board today revealed that the Consumer Confidence Index in May rose to 134.1 from 129.2 in April and came in better than the market expectation of 130. The market reaction to this reading was relatively muted with the US Dollar Index clinging to small daily gains at 97.78.

On Tuesday, US consumer confidence index climbed 4.9 points higher to touch 134.1 in May, the highest figure since November 2018. Despite high uncertainty in markets due to the ongoing US-China trade war, this figure beat expectations for 130.0, falling just 3.8 points short of the 18-year high touched in October 2018.

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Conference Board (CB) Consumer Confidence measures the level of consumer confidence in economic activity. It is a leading indicator as it can predict consumer spending, which plays a major role in.

The conference board consumer confidence index Rebounded in July . 30 Jul. 2019. The Conference Board Consumer Confidence Index rebounded in July, following a decrease in June. The Index now stands at 135.7 (1985=100), up from 124.3 in June.

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Just in, the Conference Board’s Consumer Confidence Index increased to 134.1 in May (Briefing.com consensus 130.0) from 129.2 in April. Add this to my Page Alerts . MARKET PLACE

Separately, the Conference Board is expected to report consumer confidence fell to a reading of 131.2 in June from 134.1 in May. Both sets of data are due at 10:00 a.m. ET. (Reporting by Medha Singh.

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Consumer confidence falls below expectations And while investors are cautious, consumers seem more confident. The US Conference Board’s consumer confidence survey has risen to 134.1 points in May, better than had been expected. The economic.

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