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#USConsumerConfidence As of January 2025, consumer confidence in the United States was low, with the University of Michigan's Index of Consumer Sentiment (ICS) at 71.10. This is a decrease from 74.00 the previous month and 79.00 a year ago. Factors affecting consumer confidence Inflation In January, short-term inflation expectations rose to 3.3%, the highest level since May 2024. Politics In December, mentions of politics and tariffs in write-in responses increased. Business conditions In December, consumers were less optimistic about future business conditions and incomes. How consumer confidence is measured The University of Michigan's ICS is based on surveys of a random sample of US households.
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#USConsumerConfidence #USConsumerConfidence As of January 2025, consumer confidence in the United States was low, with the University of Michigan's Index of Consumer Sentiment (ICS) at 71.10. This is a decrease from 74.00 the previous month and 79.00 a year ago. Factors affecting consumer confidence Inflation In January, short-term inflation expectations rose to 3.3%, the highest level since May 2024. Politics In December, mentions of politics and tariffs in write-in responses increased. Business conditions In December, consumers were less optimistic about future business conditions and incomes. How consumer confidence is measured The University of Michigan's ICS is based on surveys of a random sample of US households.
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$BNB Support and Resistance: The current support level is noted around $661, where a short-term pullback could be expected. If BNB manages to break above the $700 resistance, it might signal a continuation of the upward trend. However, if it fails to maintain above this level, a retest of lower supports might occur, with $648 being another significant support to watch.
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