Consumer Confidence Index (CCI) for May 2025
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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)
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.'..."
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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