#USConsumerConfidence Recent data indicates a decline in U.S. consumer confidence. The University of Michigan's Consumer Sentiment Index decreased to 71.1 in January 2025 from 74 in December 2024. This decline is attributed to heightened concerns about future inflation, with year-ahead inflation expectations rising to 3.3% from 2.8% in December.

Similarly, Ipsos' Global Consumer Confidence Index reported a 3.2-point drop for the U.S. in January 2025, indicating a decrease in consumer sentiment.

Despite these declines, consumer spending remained robust at the end of 2024, contributing to economic growth. However, the recent dip in consumer confidence and rising inflation expectations may influence future spending behaviors.