#USConsumerConfidence

In January 2025, the US consumer confidence index fell for the first time in six months, falling to 71.1 from 74.0 in December 2024. The drop reflects consumers’ concerns about the labor market and potential inflation as a result of proposed trade policies. 

In addition, one-year inflation expectations rose to 3.3% in January, up from 2.8% in December, the highest level since May. Five-year inflation expectations were at 3.3%, the highest level since June 2008.