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Consumer Confidence Rebounds; Gains Driven By Low Income Consumers

FYI: Consumer Confidence for the month of May showed a rebound from April, rising from 94.3 up to 95.4, which was above consensus expectations for a level of 95.0. This represents the fifth straight month and longest streak since 2007 where sentiment has been above its historical average of 93.4.
Regards,
Ted
https://www.bespokepremium.com/think-big-blog/consumer-confidence-rebounds-gains-driven-by-low-income-consumers/
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