US consumer confidence surged in May, jumping 12.3 points to a four-year high of 98, according to the Conference Board’s gauge. This marks the largest monthly gain in four years and exceeds expectations. The improved outlook for the economy and labor market is attributed to a truce on tariffs, providing relief to consumers and boosting confidence.
Source: https://www.bloomberg.com/news/articles/2025-05-27/us-consumer-confidence-jumps-most-in-four-years-on-trade-truce