Consumers took a deep breath in May, and it showed. The Conference Board, New York, reported its Consumer Confidence Index held steady in May, following sharp declines in March April that saw it drop to its lowest level in six years.
The Conference Board, New York, said its Consumer Confidence Index deteriorated further in April, following a sharp decline in March. The Index now stands at 86.9, its lowest level since 2014, down from 118.8 in March and 130.7 in February.
The Conference Board, New York, said its Consumer Confidence Index fell marginally in December, following a slight increase in November. The Index now stands at 126.5, down from an upwardly revised 126.8 in November.