(RTTNews) - A report released by the Conference Board on Tuesday showed consumer confidence in the U.S. held steady in the month of May. "After rebounding sharply in recent months, U.S. consumer confidence was essentially unchanged in May," said Lynn Franco, Senior Director of Economic Indicators at The Conference Board. "Consumers were also less upbeat this month about their income prospects—a reflection, perhaps, of both rising inflation expectations and a waning of further government support until expanded Child Tax Credit payments begin reaching parents in July," Franco said.