The three-month average consumer confidence index in the USA in January fell to 111.6 points compared to 116.7 points in December. Experts associate this with rising recession fears related to the labor market and inflation.
Long-term consumer expectations and the relationship to the current economic situation also showed negative dynamics. The decline in confidence was recorded among both women and men.
According to economists, signals of a slowdown in economic growth and worsening labor conditions may affect future consumer behavior and spending in the near future.
*"Worrisome economic indicators, such as rising unemployment and inflation, exert pressure on our confidence in the economy,"* noted a director of one of the analytical firms.
