#USConsumerConfidence As of January 25, 2025, U.S. consumer confidence has shown a decline. The University of Michigan's Consumer Sentiment Index decreased to 71.1 in January from 74.0 in December, marking the first drop in six months. This decline is attributed to concerns about the labor market and potential price increases due to proposed tariffs. Additionally, the Conference Board's Consumer Confidence Index fell by 8.1 points in December to 104.7, with the Expectations Index dropping 12.6 points to 81.1, indicating apprehension about future economic conditions. Despite these declines, consumer spending remained robust during the 2024 holiday season, with retail sales reaching $994 billion, a 4% increase from the previous year. Analysts note that consumers continue to spend significantly into early 2025, contributing to economic growth.