U.S. Consumer Confidence Surges on Trade Deal Optimism
TL;DR Summary
Consumer confidence in May surged due to optimism about US-China trade negotiations, with the Conference Board’s index rising significantly after a truce was reached, boosting expectations for economic growth and job prospects.
- Consumer confidence for May was much stronger than expected on optimism for trade deals CNBC
- Consumer sentiment jumps after U.S.-China trade truce Axios
- Consumer confidence rebounds in May on easing of U.S.-China tensions MarketWatch
- Consumer confidence brightens as Trump rolls back tariffs ABC News
- US Consumer Confidence Jumps Most in Four Years on Trade Truce Bloomberg.com
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