Consumer Confidence Rebounds as Tariff Tensions Temporarily Ease
New York, USA: The Conference Board’s consumer sentiment index soared in May, its largest monthly jump in four years. While the May 12 US-China trade truce helped, half the survey data was collected before that pause, suggesting broader resilience. However, business investment is down, with capital goods orders dropping 1.3% in April, as executives remain cautious about tariff unpredictability. Left 0%, Center 100%, Right 0%
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Key Entities
- • Conference Board: Conducts monthly consumer sentiment surveys.
- • US-China trade negotiations: May 12 truce eased tensions.
- • Capital goods sector: Orders plunged, signaling business wariness.
Bias Distribution
Multi-Perspective Analysis
Left-Leaning View
(No major coverage).
Centrist View
Summarizes confidence jump, highlights business caution.
Right-Leaning View
(No major coverage).
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