U.S. consumer confidence in May saw its first drop after three months of gains as Americans grapple with rising prices and inflation, both driven up by the U.S.-Israeli conflict in Iran, the monthly consumer confidence index report said Tuesday. Confidence dipped 0.7 points to 93.1 in May, a low not seen since 2025, according to the index,…
Consumer confidence slips for first time in months
Originally reported by The Hill
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