US consumer confidence index beats expectations in May despite slight monthly decline

May 26, 2026, 2:03:45 PM UTC(4 hours ago)
Impact: Medium
US consumer confidence index beats expectations in May despite slight monthly decline

Affected Assets

  • The Conference Board reported the consumer confidence index reached 93.1 in May which exceeded the consensus forecast of 92.0
  • April figures were revised upward to 93.8 from an initial reading of 92.8 indicating stronger baseline sentiment than previously reported
  • Market analysts noted that while the index dipped slightly from the revised April high it remains at a robust level supporting continued consumer spending
  • The Present Situation Index and Expectations Index both showed resilience as households remained optimistic about current labor market conditions
  • Economists suggest the data reflects a stabilizing economic environment as inflation concerns begin to moderate for many American families

Sources

US MAY CONSUMER CONFIDENCE INDEX 93.1 (CONSENSUS 92.0) VS APRIL REVISED 93.8 (PREVIOUS 92.8) - CONFERENCE BOARD
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