Consumer sentiment in the U.S. has unexpectedly seen a continued improvement in the month of May, according to a report released by Reuters and the University of Michigan on Friday, with their consumer sentiment index jumping to a four-year high.
The report showed that the consumer sentiment index rose to 77.8 in May from the final April reading of 76.4. The increase came as a surprise to economists, who had expected the index to edge down to 76.2.
by RTT Staff Writer
For comments and feedback: email@example.com
What parts of the world are seeing the best (and worst) economic performances lately? Click here to check out our Econ Scorecard and find out! See up-to-the-moment rankings for the best and worst performers in GDP, unemployment rate, inflation and much more.