Consumer sentiment rose for the second straight month in May. The University of Michigan's consumer confidence index rose to 92.1 in May, its highest level in nearly a year.
The index stood at 92.4 in June 2002. The survey's index on consumers' current view on the economy fell to 93.2 in
May from April's 96.4, while the index of future expectations rose to 91.4
from 79.3 last month.