#USConsumerConfidence The US Consumer Confidence Index declined in December 2024, falling 8.1 points to 104.7, with 1985 as the base year. This decrease was largely driven by concerns about the future, with the Expectations Index tumbling 12.6 points to 81.1, just above the threshold of 80 that usually signals a recession ahead.

Here's a breakdown of the key components:

- *Present Situation Index*: Fell 1.2 points to 140.2, indicating a slight weakening in consumers' assessment of current business and labor market conditions.

- *Expectations Index*: Dropped 12.6 points to 81.1, signaling a decline in consumers' short-term outlook for income, business, and labor market conditions.

- *Consumer Confidence*: Decreased across various age groups, with those over 35 years old experiencing the largest decline, while consumers under 35 became more confident.

Additionally, the OECD's Consumer Confidence Index for the US stood at 98.61 in December 2024, slightly above the previous month's reading of 98.4.