#USConsumerConfidence
In January 2025, U.S. consumer sentiment experienced a decline for the first time in six months. The University of Michigan's Consumer Sentiment Index decreased to 71.1 from December's 74.0, with concerns about the labor market and potential price increases due to proposed tariffs contributing to this downturn.
Additionally, the Conference Board's Consumer Confidence Index, which provides insights into consumer attitudes and expectations, is a valuable resource for understanding these trends.
These developments suggest that while consumers remain a driving force in the economy, there is growing apprehension about future economic conditions, particularly regarding employment and inflation.