#USConsumerConfidence #USConsumerConfidence

As of January 2025, U.S. consumer confidence has been declining. The University of Michigan’s Consumer Sentiment Index fell to 71.1 in January from 74.0 in December 2024. Similarly, the Conference Board’s Consumer Confidence Index fell by 8.1 points in December 2024, to 104.7.

These indicators are key indicators of consumer attitudes toward the economy, reflecting views on current conditions and future expectations. Recent declines suggest that consumers are becoming more cautious about the outlook for the economy.

Since consumer spending accounts for about 70% of U.S. GDP, changes in consumer confidence can have a significant impact on economic performance. Economists and policymakers closely monitor these trends to assess potential impacts on economic growth.

It is important to note that consumer confidence is subject to multiple factors, including employment rates, inflation, and geopolitical events. Therefore, these indicators can be