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Consumer confidence sees surprise uptick in May: survey

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US consumers appeared less gloomy about the job market and future business conditions in May, according to a survey released Tuesday.
The Conference Board’s consumer confidence index posted a surprise increase this month to 102.0, despite analyst expectations of a decline from April’s 97.5 level.
“Confidence improved in May after three consecutive months of decline,” said The Conference Board’s chief economist Dana Peterson.

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