#USConsumerConfidence

The US consumer confidence index has been fluctuating in recent months. In November 2024, the index, measured by the Conference Board, rose to 111.7 points, exceeding expectations. However, in December 2024, there was a significant decline, with the index falling to 104.7 points, below the projection of 114 points.

In January 2025, the downward trend continued. The consumer confidence index, calculated by the University of Michigan, fell from 74.0 in December to 71.1 in January, falling below analysts' expectations. In addition, inflation expectations for the next 12 months increased from 2.8% in December to 3.3% in January, indicating growing concerns among consumers about rising prices.

These fluctuations reflect current economic uncertainties and suggest that American consumers are cautious about future economic conditions. Consumer confidence is a crucial indicator as it directly influences household spending, which represents a significant portion of the US economy.