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Consumer Confidence Plummets Five Months Straight
25 Dec
Summary
- Consumer confidence declined for the fifth consecutive month.
- The index fell to 89.1 in December, below expectations.
- November's reading was boosted by post-government shutdown positivity.
Consumer confidence has hit a significant low, marking five consecutive months of decline as 2025 draws to a close. The latest reading from The Conference Board reveals a drop to 89.1 in December, signaling widespread unease among the populace regarding the state of the U.S. economy.
This downward trend surpasses expectations, casting a shadow over economic sentiment. While November's figures saw a minor improvement, it was largely attributed to a temporary boost in positivity after the resolution of a government shutdown, highlighting the fragility of consumer optimism.
The sustained decrease in confidence suggests underlying economic concerns are persistent. Consumers are ending the year feeling apprehensive, reflecting a challenging economic outlook for the near future.
