TABLE-US consumer confidence falls to 57.2 in May
May 27 (Reuters) - The Conference Board's U.S. consumer confidence index fell to 57.2 in May from an upwardly revised 62.8 in April, the private business research group reported on Tuesday.
April's number was originally 62.3.
Economists polled by Reuters had forecast a median reading of 60.0 for the May index.
Below are the highlights of the survey: COMPOSITE SERIES INDEX NUMBERS (1985=100 Seasonally Adjusted)
May April Rev From March Overall Index 57.2 62.8 62.3 65.9 Present Situation 74.4 81.9 80.7 90.6 Expectations 45.7 50.0 50.1 49.4 PRESENT SITUATION INDEX: PERCENT
May April Rev From March Business Conditions
Good 13.1 15.4 15.3 15.6
Bad 30.6 26.5 26.7 25.5
Normal 56.3 58.1 58.0 58.9 Employment
Jobs Plentiful 16.3 17.1 16.6 19.2
Jobs not so plentiful 55.7 55.0 55.5 56.3
Jobs hard to get 28.0 27.9 27.9 24.5 EXPECTATIONS FOR SIX MONTHS HENCE: PERCENT
May April Rev From March Business Conditions
Better 10.4 10.1 10.1 8.6
Worse 33.6 27.4 27.0 26.0
Same 56.0 62.5 62.9 65.4 Employment
More jobs 8.7 8.8 9.0 8.0
Fewer jobs 32.4 32.9 32.8 29.3
Same 58.9 58.3 58.2 62.7 Income
Increase 13.4 15.5 15.1 16.1
Decrease 14.9 13.5 13.6 13.7
Same 71.7 71.0 71.3 70.2 Inflation Rate (Non-Seasonally Adjusted) Average May April Rev from March
7.7 6.8 6.8 6.1
The monthly survey of roughly 5,000 U.S. households is conducted by NFO Research Inc. of Greenwich, Connecticut, for the Conference Board, a New York-based business and economics research group funded by major corporations globally.
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