#USConsumerConfidence
US consumer confidence has seen a slight decline recently. The Consumer Confidence Index decreased to 104.7 in December 2024, down from 112.8 in November 2024.¹ This decrease indicates that consumers are becoming more cautious about their spending habits and economic outlook.
However, it's worth noting that consumer confidence has been relatively stable over the past year, with some fluctuations. The index is still above the 100 mark, which suggests that consumers are generally optimistic about the economy.
In terms of global consumer confidence, there's been an uptick in January 2025, with a 0.7-point increase to 48.6, according to the Ipsos Global Consumer Confidence Index.² However, consumer confidence in the US specifically has declined by 3.2 points.
These fluctuations in consumer confidence can be influenced by various factors, including economic indicators, political events, and global trends.