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US Consumer Confidence Surges to 102 in May, Exceeds Expectations
May 28, 2024, 02:08 PM
US consumer confidence has shown a significant increase in May, with the Conference Board Consumer Confidence Index rising five points to 102. This is a notable jump from the expected 96.0, surprising economists who had anticipated a decline. The improvement follows a relatively low level in April, which was the lowest in almost two years.
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