Story perspectives

U.S. Consumer Confidence Plummets Amid Economic Concerns

1/28/2025

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Summary

Story summary

U.S. consumer confidence declined for the second consecutive month in January 2025, with the Conference Board index falling to 104.1.
The Present Situation Index showed a notable decrease, signaling worsened views on current economic and labor conditions.
Gallup's Economic Confidence Index dropped to -19, indicating changing perceptions among political party supporters after the election.
While inflation concerns persist, fewer Americans now identify the economy as the nation's primary issue compared to prior to the election.

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Story summary

U.S. consumer confidence declined for the second consecutive month in January 2025, with the Conference Board index falling to 104.1.
The Present Situation Index showed a notable decrease, signaling worsened views on current economic and labor conditions.
Gallup's Economic Confidence Index dropped to -19, indicating changing perceptions among political party supporters after the election.
While inflation concerns persist, fewer Americans now identify the economy as the nation's primary issue compared to prior to the election.