#USConsumerConfidence A significant decline in US consumer confidence in January 2025, according to the University of Michigan Consumer Confidence Index (ICS).
Key points:
* Current confidence level: 71.10, lower than last month (74.00) and one year ago (79.00).
* Monthly decline: 3.92%, annual decline 10.00%.
* What the index reflects: Consumers' views on their financial situation, business conditions, and economic outlook.
* Importance of the index: It is an important indicator for economic decision-makers, as it helps them understand consumer trends and expectations.
In general, this decline in consumer confidence indicates increasing caution about the current and future economic situation.