U.S. consumer confidence registered at 98.0 in May, up 12.3 points from the adjusted April reading, according to The Conference Board Consumer Confidence Index. The index measuring current business and labor market conditions grew 4.8 points in May to 135.9. The short-term outlook index for the income, business, and labor markets increased 17.4 points from last month to 72.8, still below the 80 mark, indicating a potential recession for the second consecutive month. See The Conference Board
