#USConsumerConfidence

#USConsumerConfidence The University of Michigan's Consumer Sentiment Index fell to 71.1 in January 2025, its lowest level since October, according to the final report released on Friday. This indicates a decline in consumer confidence compared to the previous month.

The Conference Board Consumer Confidence Index also declined by 8.1 points in December 2024 to 104.7. This suggests a decrease in consumer optimism about the current and future economic conditions.

These figures suggest that US consumer confidence is deteriorating, which could have implications for consumer spending and economic growth.