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BYLINE: Thomas L. Gallagher
Consumer confidence in the nation's economic health improved slightly in May, according to a monthly survey.
The Conference Board Consumer Confidence Index, which had decreased in April, bounced back 1.7 percentage points to 108 in May. People's assessment of current business conditions raised the Present Situation Index 2.6 percentage points to 136.1 in May. The Expectations Index edged up to 89.2 from 88.2, the Conference Board said.
The Consumer Confidence Survey is based on a representative sample of 5,000 U.S. households and conducted by TNS, the world's largest custom research company.
"The bounce-back in …