Consumer confidence for May rises to 86.6, vs 82.3 expected

Consumer confidence unexpectedly improved in May as the U.S. economy slowly restarts, according to data released by the Conference Board.

Mic’Kale Smith, who works as a security guard but has had to take time off to care for her son during the coronavirus disease outbreak, wears a face mask as she shops with her son Da’Mier at the Tiger Market in Oxon Hill, Maryland, May 20, 2020.Consumer confidence unexpectedly improved in May as the U.S. economy slowly restarts, according to data released Tuesday by the Conference Board.

The Conference Board's consumer confidence index rose to 86.6 this month from 85.7 in April. Economists polled by Dow Jones expected consumer confidence of 82.3 in May.for exclusive insights and analysis, and live business day programming from around the world.

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