Consumer Confidence Index (CCI) for May 2025

Consumer Confidence Index® (CCI) for this month (May, 2025) was released by The Conference Board® this morning:

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Predicted: 88.0

• Actual: 98.0

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Previous Month (revised): 85.7

• Change from Previous Month: 14.35% (+12.3 points)
  

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The "predicted" figure is what economists were expecting, while the "actual" is the true or real figure.

From Today's Report:

"...'Consumer confidence improved in May after five consecutive months of decline,' said Stephanie Guichard, Senior Economist, Global Indicators at The Conference Board. 'The rebound was already visible before the May 12 US-China trade deal but gained momentum afterwards. The monthly improvement was largely driven by consumer expectations as all three components of the Expectations Index -- business conditions, employment prospects, and future income -- rose from their April lows. Consumers were less pessimistic about business conditions and job availability over the next six months and regained optimism about future income prospects. Consumers’ assessments of the present situation also improved. However, while consumers were more positive about current business conditions than last month, their appraisal of current job availability weakened for the fifth consecutive month.'

Guichard added: 'With the stock market continuing to recover in May, consumers’ outlook on stock prices improved, with 44% expecting stock prices to increase over the next 12 months (up from 37.6% in April) and 37.7% expecting stock prices to decline (down from 47.2% in April). This was one of the survey questions with the strongest improvement after the May 12 trade deal.'..."

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Every month, The Conference Board sends a questionnaire to 5,000 U.S. households. Survey participants are polled about their feelings regarding the U.S. economy, current and future, and about their own fiscal circumstances. On average, 3,500 participants complete and return the 5-question survey.

• The baseline "100" score for the CCI is associated with 1985 survey data.

When consumers feel good about the economy, they tend to do more spending, and vice versa.

Based in New York City, The Conference Board® is a private, not-for-profit organization with a mission to, "create and disseminate knowledge about management and the marketplace to help businesses strengthen their performance and better serve society."

The CCI is usually released on the last Tuesday of the month.

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CHART: Consumer Confidence Index (CCI)
MAY 2025 Update

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• Click here to view the full Conference Board report.

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A "For Food" Payment Request Scam Attempt on Cash.APP®

www.FedPrimeRate.com: "For Food"
Payment Request Scam
Attempt on Cash.APP®

Here's a first: Someone trying to scam me via Cash APP®.

$25.00 for food, for someone with the name Chivo Valluco. Fake name?  Sounds pretty darn fake to me! 😏

It was just a matter of time, since my business Cash App ID ($cashtag) is visible on the Internet, for all to see.

Blocking the scammer was a quick and easy.

Some of these Cash.APP scams are very crafty and sophisticated.  Here's a clip from a Forbes® article:

"...Sometimes, they even send money to the Cash App user and then say it was an accident. Then they ask for a refund, but the money was initially sent from a hacked or stolen account. The user sends back the money, but now they're left with the headache of dealing with the original fraud...."

Yikes! #Beware! 😓

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New Home Sales During April 2025

The April, 2025 New Home Sales report was released by the Commerce Department this morning:

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Previous Month (revised): 670,000

• Actual New Home Sales: 743,000

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• Change from 1 Month Previous: +73,000 units (+10.9%)
  
  
• Change from 1 Year Previous: +24,000 units (+3.34%)

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Median Price for a New Home
During April, 2025: $407,200

• Change from 1 Year Previous: -$8,100 (-1.95%)

 ***************************

Average Price for a New Home
During April, 2025: $518,400

• Change from 1 Year Previous: +$17,800 (+3.56%)

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Inventory: 504,000 (+40,000 units / +8.62% Year-on-Year)

• 8.1 months supply at current sales rate; seasonally‐adjusted estimate.

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CHART: Cost of A Newly Built Home
APRIL 2025 Update

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• CHART: Cost of A Newly Built Home.
  
  
• Click Here for Existing Home Sales Prices and a Chart.
  
  
• Click Here for The Monthly Existing Home Sales Report.

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Compiled jointly by the U.S. Commerce Department and the U.S. Department of Housing and Urban Development, the yellow-highlighted figure above is the seasonally adjusted and annualized number of newly-built homes with committed buyers for the indicated month.

The New Home Sales report is watched by economists and investors because it offers insight into the state of the U.S. housing market, and also provides data that can be used to predict sales of large household furniture and appliances like refrigerators, air conditioners, microwave ovens, etc.

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• Click here to view the full Commerce Department report (PDF)
  
  

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Existing Home Sales During April 2025

Existing Home Sales report for April 2025 was released by The National Association of REALTORS® (NAR®) this morning:

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Previous Month: 4,020,000

• Actual: 4,000,000

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•  Change from Previous Month: -0.5% (-2,000 homes)
  
  
•  Change from A Year Ago: -1.96% (-8,000 homes)

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• Inventory: 1,450,000 homes.

(4.4 months supply | +250,000 [+20.83%] homes year-on-year.)

======================

The yellow-highlighted, "actual" figure above represents the preliminary, seasonally adjusted annualized sales count of existing homes, co-ops and condominiums for the indicated month. The "predicted" figure is what economists were expecting, while the "actual" is the true or real figure.

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• Median Price: $414,000
  
  
• Price Change from A Year Ago: +1.82% (+$7,400)

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• Click Here for Historical Prices and a Chart.
  
  
• Click Here for New Home Sales Data.
  
  
• Click Here for the monthly New Home Sales report.

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From Today's Report:

"...'Home sales have been at 75% of normal or pre-pandemic activity for the past three years, even with seven million jobs added to the economy,' said NAR Chief Economist Lawrence Yun. 'Pent-up housing demand continues to grow, though not realized. Any meaningful decline in mortgage rates will help release this demand.'

'At the macro level, we are still in a mild seller's market,' Yun said. 'But with the highest inventory levels in nearly five years, consumers are in a better situation to negotiate for better deals.'..."

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INFOGRAPHIC: Existing Home Sales
APRIL 2025 UPDATE
(Copyright © 2025 REALTORS®)

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• Click here to view the NAR data.

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3 Myths About Inflation Most People Still Believe

Think inflation doesn’t affect you? Think again.

Whether you're grabbing coffee, paying rent, or saving for your next trip, inflation quietly shapes your everyday decisions—and your future.

The problem? A lot of what we think we know about inflation is just plain wrong. And believing these myths can cost you more than a few extra bucks a month.

In this article, we’ll bust three of the most common inflation myths still floating around in 2025. You’ll get clear, simple truths and practical tips to help you make smarter financial moves—even if you’re just starting out.

Let’s set the record straight.

Myth #1: Inflation Means Prices Are Out of Control

Many people hear “inflation” and instantly think of skyrocketing prices and economic chaos. But the truth is, moderate inflation—typically around 2–3% annually—is both normal and expected in a healthy economy.

Prices do rise over time, but that doesn’t mean they’re out of control. In fact, controlled inflation encourages spending and investment, which fuels growth.

Example: If your morning coffee goes from $2.00 to $2.05 in a year, that’s inflation—not a crisis.

Bottom line: Inflation becomes a problem only when it’s too high or unpredictable. Most of the time, it’s simply part of the economic cycle.

Real-World Example: The Role of Tariffs
A clear example of price increases not caused by general inflation is when governments impose tariffs. For instance, the Trump-era tariffs on Chinese imports—and the potential new tariffs in 2025—directly raise prices on goods like electronics, clothing, and furniture.
These aren't signs of runaway inflation, but policy-driven price hikes. Understanding the difference can help you make more informed financial decisions.

Myth #2: Wages Always Keep Up With Inflation

It’s a common belief that as prices rise, so do wages—but that’s not always the case. In reality, wages often lag behind inflation, meaning your money loses purchasing power over time.

This is especially true during periods of high inflation when salaries stay the same but living costs rise. The result? You can afford less even if you’re earning the same amount.

Tip: Focus on boosting your income through raises, side hustles, or skill upgrades to stay ahead of rising costs.

Remember: Understanding the gap between nominal and real wages is key to protecting your financial well-being.

Myth #3: Inflation Only Hurts Consumers

While rising prices directly impact consumers, they’re not the only ones affected. Inflation also impacts savers, investors, and businesses in different ways.

For example, money sitting in a savings account loses value over time if the interest rate is lower than inflation. On the other hand, some businesses may raise prices and maintain profits, while others struggle with higher costs.

Tip: Protect yourself by investing in assets that historically outpace inflation—like index funds, real estate, or commodities.

Truth is: Inflation reshapes the entire economy—not just your grocery bill.

How to Stay Ahead of Inflation in 2025

Inflation may be unavoidable, but you can still protect your finances with smart habits. Here’s how to stay ahead in 2025:

• Budget with inflation in mind — adjust spending plans based on rising costs.

• Grow your income — negotiate raises or explore side hustles.

• Invest wisely — put money into assets that outpace inflation, like index funds or real estate.

• Avoid holding too much cash — uninvested savings lose value over time.

• Stay informed — track inflation trends using tools like CPI reports or trusted financial news.

Small steps today can make a big difference in your future purchasing power.

Conclusion

Understanding inflation is key to making smarter financial choices. By debunking these common inflation myths, you’ll be better prepared to manage your money, protect your savings, and invest with confidence in 2025 and beyond.

Don’t let misinformation hold you back—stay informed, think long-term, and take control of your financial future.

Written by Alex Carter, founder of Invicome, a blog focused on financial freedom and passive income for young adults. He shares practical tips on making money online, investing, and building long-term wealth.

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Consumer Confidence Index (CCI) for April 2025

Consumer Confidence Index® (CCI) for this month (April, 2025) was released by The Conference Board® this morning:

================

Predicted: 88.0

• Actual: 86.0

================

Previous Month (revised): 93.9

• Change from Previous Month: 8.41% (-7.9 points)
  

================

The "predicted" figure is what economists were expecting, while the "actual" is the true or real figure.

From Today's Report:

"...'Consumer confidence declined for a fifth consecutive month in April, falling to levels not seen since the onset of the COVID pandemic,' said
Stephanie Guichard, Senior Economist, Global Indicators at The Conference Board. 'The decline was largely driven by consumers’ expectations.

The three expectation components -- business conditions, employment prospects, and future income -- all deteriorated sharply, reflecting pervasive pessimism about the future. Notably, the share of consumers expecting fewer jobs in the next six months (32.1%) was nearly as high as in April 2009, in the middle of the Great Recession.

In addition, expectations about future income prospects turned clearly negative for the first time in five years, suggesting that concerns about the economy have now spread to consumers worrying about their own personal situations. However, consumers’ views of the present have held up, containing the overall decline in the Index.'..."

================

Every month, The Conference Board sends a questionnaire to 5,000 U.S. households. Survey participants are polled about their feelings regarding the U.S. economy, current and future, and about their own fiscal circumstances. On average, 3,500 participants complete and return the 5-question survey.

• The baseline "100" score for the CCI is associated with 1985 survey data.

When consumers feel good about the economy, they tend to do more spending, and vice versa.

Based in New York City, The Conference Board® is a private, not-for-profit organization with a mission to, "create and disseminate knowledge about management and the marketplace to help businesses strengthen their performance and better serve society."

The CCI is usually released on the last Tuesday of the month.

================  

CHART: Consumer Confidence Index (CCI)
APRIL 2025 Update

========================================

• Click here to view the full Conference Board report.

=========================================

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Existing Home Sales During March 2025

Existing Home Sales report for March 2025 was released by The National Association of REALTORS® (NAR®) this morning:

======================

Previous Month: 4,270,000

• Actual: 4,020,000

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•  Change from Previous Month: -5.85% (-25,000 homes)
  
  
•  Change from A Year Ago: -2.43% (-10,000 homes)

======================

• Inventory: 1,330,000 homes.

(4.0 months supply | +220,000 [+19.82%] Year-on-Year.)

======================

The yellow-highlighted, "actual" figure above represents the preliminary, seasonally adjusted annualized sales count of existing homes, co-ops and condominiums for the indicated month. The "predicted" figure is what economists were expecting, while the "actual" is the true or real figure.

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• Median Price: $403,700
  
  
• Price Change from A Year Ago: +2.75% (+$108,000)

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==========

• Click here for historical prices and a chart.
  
  
• Click here for New Home Sales Data.

==========

From Today's Report:

"...'Home buying and selling remained sluggish in March due to the affordability challenges associated with high mortgage rates,' said NAR Chief Economist Lawrence Yun. 'Residential housing mobility, currently at historical lows, signals the troublesome possibility of less economic mobility for society.'

'In a stark contrast to the stock and bond markets, household wealth in residential real estate continues to reach new heights,' Yun said. "With mortgage delinquencies at near-historical lows, the housing market is on solid footing. A small deceleration in home price gains, which was slightly below wage-growth increases in March, would be a welcome improvement for affordability. With real estate asset valuation at $52 trillion, according to the Federal Reserve Flow of Funds, each percentage point gain in home prices adds more than $500 billion to the household balance sheet.'..."

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INFOGRAPHIC: Existing Home Sales
MARCH 2025 UPDATE
(Copyright © 2025 REALTORS®)

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• Click here to view the NAR data.

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