The Conference Board’s Consumer Confidence Index dropped to 93.1 in May as escalating prices linked to the Middle East conflict eroded household sentiment.
Tag: US economy
US Consumer Confidence Drops to 93.1 in May Citing Middle East Conflict Inflation
The Conference Board reported US consumer confidence dipped to 93.1 in May as concerns about war-driven inflation weighed on households.
Long COVID Healthcare Burden Estimated at 8 Billion Dollars Over Three Years in US
Economists and health researchers quantified the cumulative financial impact of Long COVID on the American healthcare system
Long COVID Will Cost US Economy an Estimated 8 Billion Dollars Over Three Years from Healthcare Burden
Research projected the lasting economic impact of Long COVID including healthcare expenses and lost productivity
Average US Long-Term Mortgage Rate Climbs to 6.51 Percent Highest Level in Nine Months
US 30-year fixed mortgage rates hit their highest point since late 2025 as bond yields rose on geopolitical concerns
Nearly 90 Percent of Americans Fear Prices Will Keep Rising According to New Survey
A large majority of US consumers said they expected prices to continue rising despite recent government efforts