Consumer Confidence Plummets, Job Worries Mount
Update: 2025-12-23
Description
Consumer confidence plummets as the Conference Board reports a 3.8 point drop in its index to 89.1 in December, nearing the April low. Short-term expectations remain steady, but views on the current economic situation have significantly worsened. Consumers express concerns over prices, inflation, and tariffs. Job market perceptions also deteriorate, with fewer jobs considered plentiful and more difficult to find. Recent government data shows job growth slowing, with unemployment rising to 4.6%. Economists describe a low hire, low fire labor market, and job growth has averaged just 35,000 a month since March. In these challenging times, taking a moment to relax and recharge may be the wisest choice. Checkout Solipillow.com
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