The Housing Chronicles Blog: Consumer confidence rebounds in May, suggests Q2 growth may have risen from Q1

Tuesday, May 29, 2018

Consumer confidence rebounds in May, suggests Q2 growth may have risen from Q1


Consumer confidence increased in May after a modest decline in April. Consumers’ assessment of current conditions increased to a 17-year high, suggesting that the level of economic growth in Q2 is likely to have improved from Q1. Consumers’ short-term expectations improved modestly, suggesting that the pace of growth over the coming months is not likely to gain any significant momentum.


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