Will Consumer Confidence fall below its April reading of 92.8 when it reports on Tues, 5/26?
79% of users predicted YES — the community missed this one. 33 predictions cast.
The Conference Board's Consumer Confidence Index registered 93.1 in May 2026, remaining above the April baseline of 92.8 cited in the question and resolving the outcome as no. The April reading had been revised upward to 93.8 by the time of the May release, and May's reading declined just 0.7 points from that revised figure. The report was released on May 26.
The slight headline decline masked mixed underlying signals. The Present Situation Index, which measures current assessments of business and labor conditions, fell 3.2 points to 121.2. The Expectations Index, measuring consumers' short-term outlook, rose 1.0 points to 74.4. About two-thirds of consumers reported cutting overall spending because of rising prices, and the share describing business conditions as "good" fell from 22.3 percent in April to 18.5 percent in May — reflecting elevated inflation tied to the Middle East conflict.
The community was heavily positioned for a reading below 92.8, with 79 percent predicting that outcome. While consumer sentiment did edge downward in May, it did not fall to the level the majority anticipated.