May 27, 2008 / 2:02 PM / 11 years ago

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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