NEW YORK (FNS) -- Interest rate hikes and stock price declines couldn't keep consumer confidence from springing forward in May, nearly reaching January's historical high. Last month's Consumer Confidence Index, released by the Conference Board here, jumped ahead to 144.4 from 137.7 in April. Consumer confidence had dipped over the previous three months from January's all-time high of 144.7. Economists said the series of increases in interest rates, the recent gyrations in the stock markets ...
REGISTER TO VIEW THIS ARTICLE - Register for a Free Account
Registering for content on Supermarket News will give youINSTANTaccess to invaluable articles and media content that industry professionals rely on. You will have access to our special reports, feature articles, and industry analysis. It’sFREE, easy and quick. What are you waiting for!In addition you will also receive complimentary access to the SN salary survey data tables.
Attention Paid Print Subscribers: While you have already been grantedfreeaccess to SNwe ask that youregister now.We promise it will only take a few minutes! Or visit your profile and add your print magazine account number and zip code.