May 25 (Reuters) - U.S. consumer confidence was little changed in May as consumers' short-term optimism of conditions retreated on expectations for decelerating growth and softening labor market conditions in the months ahead. The Conference Board said on Tuesday its Consumer Confidence Index dipped to a reading of 117.2 this month, following a reading of 117.5 in April.
The uptick was driven by continued optimism around future personal finances and the wider UK economy, GfK said. Consumer confidence has bounced back to its pre-pandemic level as the easing of restrictions boosted the financial mood of the nation, a long-running survey suggests. GfK’s Consumer Confidence Index jumped six points to its pre-lockdown figure of minus nine in May, making up all ground lost to Covid 19.
Consumer confidence in Northern Ireland increased in the first quarter of 2021, supported by the rollout of the coronavirus vaccine programme, according to analysis published today by Danske Bank.Consumer confidence in Northern Ireland increased in the first quarter of 2021, supported by the rollout of the coronavirus vaccine programme, according to analysis published today by Danske Bank.
Consumer confidence edged up only slightly last month amid a more guarded view of the future from households hit hard by the pandemic, a survey suggests.GfK’s long-running Consumer Confidence Index increased by just one point to minus 15 in April, after a seven-point jump last month.
Consumer confidence is showing “green shoots” of recovery on the back of well-received Budget announcements, the successful vaccine rollout and roadmaps in place for ending lockdown, a survey suggests.
Consumer confidence levels in Northern Ireland increased in the fourth quarter of last year on the back of positive news about coronavirus vaccines, but confidence remained below the level seen before the pandemic began, according to analysis published by Danske Bank.