In their monthly report headlined “Confidence collapsed to lowest point since 2014, surpassing pandemic depths” the Conference Board writes that “Consumer Confidence Index® fell by 9.7 points in January to 84.5 (1985=100), from an upwardly revised 94.2 in December. A 5.1-point upward revision to December’s reading of the Index resulted in a slight increase last month, reversing the initially reported decline. However, January’s preliminary results showed confidence resumed declining after a one-month uptick. The Present Situation Index – based on consumers’ assessment of current business and labor market conditions – dropped by 9.9 points to 113.7 in January.”
“The Expectations Index – based on consumers’ short-term outlook for income, business, and labor market conditions – fell by 9.5 points to 65.1, well below the threshold of 80 that usually signals a recession ahead. The cutoff for preliminary results was January 16, 2026,” the report continued.
Something something fake biased, open an investigation, somebody’s wife’s brother used to work for a PAC that supported Adam Schiff’s 2024 Senate campaign, it’s all garbage anyway because this Trafalgar poll says only 23 percent of Americans approve of Jerome Powell, and Ilhan Omar is in big trouble because she’s connected to the $29 billion Somali fraud scheme in Minnesota.