Conference Board Confidence Stagnates In May As 'Hope' Evaporates
May 25th 2021 10:20am EDT
Conference Board Confidence Stagnates In May As ‘Hope’ Evaporates The Conference Board’s Consumer Confidence index disappointedly slipped lower in May from a revised lower 117.5 to 117.2 (well below the 118.8 exp), still well below the pre-COVID levels of exuberance. Source: Bloomberg The driver is clear as ‘current conditions’ surge from 131.9 to 144.3, ‘hope’ […]
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