#USConsumerConfidence The state of US consumer confidence in January 2025 presents a complex picture, reflecting both optimism and lingering concerns. According to the latest data from the Conference Board, consumer confidence has seen a significant decline, marking the first decline in six months. The consumer confidence index fell to 71.1 in January from 74 in December, driven largely by concerns about unemployment and the potential inflationary impact of tariffs. The decline was particularly noticeable among Democratic voters, where confidence levels reached their lowest levels since August 2020.
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The US Consumer Confidence Index data was released during the current month of February, which showed that the index recorded a very negative reading contrary to market expectations for the first time in four months, in addition to being worse than currency markets’ expectations.
This indicator is an important tool in forecasting future interest rates, as it gives an overview of consumers' views on economic conditions.
The Conference Board's US Consumer Confidence Index (CB) data for February revealed that the US Consumer Confidence Index recorded 106.7 points.
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