U.S. consumer confidence improved in May after deteriorating for five straight months amid a truce in the trade war between Washington and China, though households continued to worry about tariffs raising prices and hurting the economy.

Americans’ views of the economy improved in May after five straight months of declines sent consumer confidence to the lowest level since the onset of the COVID-19 pandemic, largely driven by anxiety

Consumer confidence rebounded in May as President Trump relaxed his aggressive stance on tariffs against China.