U.S. consumer confidence rebounds as tariff anxiety subsides


Source: theglobeandmail.com theglobeandmail.com

Key Topics in this News Article:

News Snapshot:

Open this photo in gallery: Shoppers in a Walmart Supercenter on May 15, in Austin, Tex. Trump’s aggressive and unpredictable policies have clouded the outlook for the economy and the job marketBrandon Bell/Getty Images Americans’ views of the economy improved in May after five straight months of declines sent consumer confidence to its lowest level since the onset of the COVID-19 pandemic, largely driven by anxiety over the impact of President Donald Trump’s tariffs. The Conference Board said Tuesday that its consumer confidence index rose 12.3 points in May to 98, up from April’s 85.7, its lowest reading since May...