#USConsumerConfidence

The University of Michigan consumer sentiment for the US was revised lower to 71.1 in January 2025 from a preliminary of 73.2 and compared with 74 in December. The gauge for expectations was revised down to 69.3 from 70.2 and the current conditions subindex was revised lower to 74 from 77.9. Meanwhile, inflation expectations for the year were unchanged at 3.3% (vs 2.8% in December), and the 5-year outlook was revised down to 3.2% from 3.3% (vs 3% in December). source: University of Michigan