Cathi and Ben Walter: Desert Area Home Finder – Palm Desert, CA

Consumer confidence rises in May

The Consumer Confidence Index rose to 63.3 in May (1985=100) compared with 57.7 in April, the Conference Board reported yesterday.

The Present Situation Index increased to 30.2 in May from 28.1 in April, and the Expectations Index improved to 85.3 from 77.4 last month, according to the report.

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