A report released by the Conference Board on Tuesday showed another substantial improvement in U.S. consumer confidence in the month of May.
The Conference Board said its consumer confidence index surged up to 134.1 in May after jumping to 129.2 in April. Economists had expected the index to inch up to 129.8.
"Consumer Confidence posted another gain in May and is now back to levels seen last Fall when the Index was hovering near 18-year highs," said Lynn Franco, Senior Director of Economic Indicators at the Conference Board.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.