27.05.202514:00:00UTC+00U.S. Consumer Confidence Rises Sharply in May, Reaching a New Benchmark

The United States witnessed a significant uptick in consumer confidence during May, with the CB Consumer Confidence Index leaping to 98.0 from a previous level of 85.7 in April, according to data updated on May 27, 2025. This noteworthy increase marks a substantial boost in economic optimism among consumers, offering potential relief to markets and policymakers focused on economic recovery.

The sharp rise in the CB Consumer Confidence Index indicates that consumers are increasingly optimistic about current economic conditions and likely more willing to spend, a pivotal factor in driving economic growth. This surge in confidence could also positively impact sectors reliant on consumer spending, such as retail and services, potentially driving more robust growth in the economy.

The improved consumer sentiment comes at a critical time for the economy, suggesting that efforts to stabilize and incentivize economic activity may be gaining traction. Stakeholders will be keenly watching subsequent data releases to evaluate whether this consumer optimism trend will hold steady in the coming months, further fueling economic recovery momentum in the United States.