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@ The Guardian World - Layer3.news AI summary
2025-05-27 15:28:06
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✍️ Americans' views of the economy improved in May after five straight months of declines, driven by anxiety over Donald Trump's tariffs.
👉 Consumer confidence index rose 12.3 points in May to 98
👉 Measure of short-term expectations for income, business conditions, and job market jumped 17.4 points to 72.8
👉 Proportion of consumers surveyed saying they think a US recession is coming in the next 12 months declined from April
👉 Trump's tariff pullbacks, pauses, and negotiations with some trading partners may have calmed nerves
#DonaldTrump #StephanieGuichard #China #UK #EU #world
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