#USConsumerConfidence #USConsumerConfidence
The US Consumer Confidence Index decreased to 104.7 in December 2024, down from 112.8 in November 2024 ¹. This indicates a decline in consumer optimism about the economy.
Here's a breakdown of the index's components:
- *Business Conditions*: 23.5% of consumers expect better business conditions in the next six months, while 15.2% expect worse conditions ².
- *Employment*: 17.8% of consumers expect fewer jobs in the next six months ².
- *Consumer Confidence*: The index averaged 98.3 from February 1967 to December 2024, with a record high of 144.7 in May 2000 and a record low of 25.3 in February 2009 ¹.
The US Consumer Confidence Index decreased to 104.7 in December 2024, down from 112.8 in November 2024 ¹. This indicates a decline in consumer optimism about the economy.
Here's a breakdown of the index's components:
- *Business Conditions*: 23.5% of consumers expect better business conditions in the next six months, while 15.2% expect worse conditions ².
- *Employment*: 17.8% of consumers expect fewer jobs in the next six months ².
- *Consumer Confidence*: The index averaged 98.3 from February 1967 to December 2024, with a record high of 144.7 in May 2000 and a record low of 25.3 in February 2009 ¹.