US EditionUS consumer confidence slumps in January to a level last seen in 2014
The Consumer Confidence Index fell 9.7 points to 84.5, driven by concerns over job prospects, inflation, and trade policies, marking the lowest level since 2014, The Conference Board said.
- U.S. consumer confidence unexpectedly deteriorated in January, slumping to its lowest level since 2014 amid growing anxiety over high prices and a sluggish labor market.
- A measure of Americans' short-term expectations for their income, business conditions and the job market tumbled to 65.1, well below 80, the marker that can signal a recession ahead.
- Confidence collapsed in January, as consumer concerns about both the present situation and expectations for the future deepened, driving the overall index to its lowest level since May 2014, surpassing its COVID-19 pandemic depths.
76 Articles
76 Articles
Consumer confidence plunges to lowest level in more than a decade
U.S. consumer confidence slumped to the lowest level since 2014 in January, sinking below pandemic-era lows as Americans are concerned about the labor market.The Conference Board released its preliminary consumer confidence reading for January, which showed it declined by 9.7 points to 84.5, from an upwardly revised reading of 94.2 in December. That December revision flipped the initially reported decline to a slight increase, though the January…
The US consumer confidence index fell to its lowest level since 2014 in January. The New York-based Conference Board reports that the consumer confidence index has fallen 9.7 points since December to 84.5, which is even lower than the lowest value during the Covid-19 pandemic.
The American morale index drops to 84.5 points according to the Conference Board, its lowest level since May 2014. Citizens talk about inflation, tariffs and the explosion of health insurance premiums after the Obamacare subsidies expire.
Americans’ confidence in US economy sinks to lowest level since 2014 despite Trump tariff claims
US consumer confidence has slumped to its lowest level in over a decade, falling below even the depths of the Covid pandemic, as rising worries over inflation, jobs and tariffs fuel fresh fears of a looming recession.
U.S. consumer confidence collapses to lowest level since 2014
NEW YORK, Jan. 27 (Xinhua) -- U.S. consumer confidence plunged in January to its lowest level in more than a decade, as U.S. people grew increasingly pessimistic about geopolitical tensions, high prices and the economic impact of trade policies, The Conference Board reported Tuesday. Read full story
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