Consumer confidence in the U.S. economy improved in May after five months of decline, with the Conference Board reporting a rise in its consumer confidence index to 98 from April's low of 85.7. The increase was driven by a positive outlook on income, business conditions, and the job market, although the index remains below 80, which could indicate a recession. The proportion of consumers expecting a U.S. recession in the next 12 months also decreased from April's levels.
Source: https://finance.yahoo.com/news/us-consumer-confidence-rebounds-five-141117514.html