#USConsumerConfidence US consumer confidence took a hit in December, with the Conference Board Consumer Confidence Index decreasing to 104.7, down 8.1 points from November's revised level . This decline was largely due to concerns over tariffs, with 46% of consumers expecting tariffs to raise the cost of living, while 21% believed tariffs would create more US jobs . Despite this, consumer spending remains strong, with a 0.4% increase in November, driven by a 0.7% rise in goods spending and a 0.1% increase in services spending . Goldman Sachs Research forecasts 2.8% real spending growth in 2024 and 2.3% in 2025 . *Key Takeaways:* - _Consumer Confidence Index:_ 104.7 in December, down 8.1 points from November - _Consumer Spending:_ 0.4% increase in November, driven by goods and services spending - _Forecast:_ 2.8% real spending growth in 2024 and 2.3% in 2025