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US Consumers Still Confident, But For How Long?

Nordstrom, Greats, Target, Macy’s, Alibaba, Bonobos, Rhone, Spanx and more will be at Sourcing Summit NY Oct 17. Don't miss it.

So far, U.S. consumers are still confident and seem willing to continue opening their purse strings, according to the most recent Conference Board’s Consumer Confidence Index for May. The latest gain in May has the Index back to the level seen last fall when it was near an 18-year high. However, there’s one caveat: the…

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