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The Conference Board is out with its monthly Consumer Confidence Index, saying that it rose to 95.4 in May, up from a revised April number of 94.3. While the index was up for May, it was a little lower than the 96.1 that had been predicted by analysts.

According to the CNBC story, "Consumers' optimism about the short-term outlook was mixed in May, however. Consumers who said business conditions are 'good' fell to 25.2 percent from 25.5 percent, while those claiming conditions are 'bad' also decreased from 19.2 percent to 17.4 percent.

"The reading on jobs was also mixed. Those who said there were a lot of jobs increased to 20.7 percent from 19 percent. However, those who claimed jobs are 'hard to get' rose to 27.3 percent from 25.9 percent."
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