US consumer confidence eased in May as worries about inflation linked to the war with Iran intensified, offsetting an improvement in households’ perceptions of the labor market, a survey showed this week.
The Conference Board said its consumer confidence index slipped 0.7 points to 93.1 this month. Data for April was revised higher to show the index at 93.8 instead of 92.8. Economists polled by Reuters had forecast the index
