American optimism about the economy continued to recover in May, following a dip earlier this year, according to a monthly barometer of consumers’ mood. The Conference Board on Tuesday said its index of U.S. consumer confidence rose to 134.1 in May from 129.2 in April. Economists surveyed by The Wall Street Journal had expected a reading of 129.5 in May. The measure is now close to the 18-year high it recorded last fall.

Source: Wall Street Journal May 28, 2019 14:15 UTC