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Americans' confidence in economy falls sharply in January 01/27/26(Tue)17:10:52 No.1484217
Americans' confidence in economy falls sharply in January 01/27/26(Tue)17:10:52 No.1484217
Americans' confidence in economy falls sharply in January Anonymous 01/27/26(Tue)17:10:52 No.1484217 [Reply]▶
File: TRUMPS RECESSION CONSUMER CONFIDENCE LOWEST EVER.png (643.2 KB)
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U.S. consumer confidence declined sharply in January. The Conference Board said Tuesday that its consumer confidence index cratered 9.7 points to 84.5 in January, falling below even the lowest readings during the COVID-19 pandemic.
A measure of Americans’ short-term expectations for their income, business conditions and the job market tumbled to 65.1, well below 80, the marker that can signal a recession ahead. It’s the 12th consecutive month that reading has come in under 80. Consumers’ assessments of their current economic situation slid by 9.9 points.
“Confidence collapsed in January, as consumer concerns about both the present situation and expectations for the future deepened,” said Dana Peterson, the Conference Board’s chief economist. ”All five components of the index deteriorated, driving the overall index to its lowest level since May 2014 — surpassing its COVID19 pandemic depths.”
Respondents’ references to inflation, including gas and grocery prices, remained elevated. Perceptions of the job market also declined this month. 20.8% of consumers said jobs were “hard to get,” up from 19.1% the month previous.
The country’s labor market has been stuck in a “low hire, low fire” state, economists say. Earlier this month, the government reported that employers added just 50,000 jobs in December, nearly unchanged from 56,000 in November. Job gains have been subdued all year, particularly after April’s “liberation day” tariff announcement by Trump. The economy gained just 584,000 jobs in 2025, sharply lower than that more than 2 million added in 2024.
https://abcnews.go.com/Business/wireStory/americans-confidence-us-econ omy-falls-sharply-january-lowest-12 9599380
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I want emigrate from the United States and immigrate to the West Bank to be a foreign worker in the West Bank and help Israel build that beautiful city. I don't expect I can live there but I can send the rupees home and buy much flour to make my naan bread
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>>1484218
Job creation is way down AND more jobs are being out-sourced to India. We're super fucked. Oh and millions of immigrants from India are flooding the USA, which ICE does NOTHING about, which isn't helping. Look at how bad Texas is now, they have entire towns of immigrants from India.
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>>1484319
>Pretty reliable economic metric
>Everything feels doom and gloom
Just because your current feelings parrot their efforts to quantify the unquantifiable doesn't mean that they have succeeded in doing so, you are both practicing voodoo economics
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>Got hired for a government construction job that was supposed to start next Monday and last 7 months
>Start delayed to April now cuz of government beaurocratic bullshit
Thought DOGE was supposed to have fixed this. It's fucking impossible to find a job, and throwing your resume into the void of sites like Indeed is the most futile effort anyone can do
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>>1484718
The H1B hires that Trump insists are necessary, because he thinks Americans can't be trained to do factory jobs
https://www.nbcnews.com/politics/immigration/trump-calls-h-1b-visas-ne cessary-bring-certain-talents-says- us-lacks-rcna243367
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>>1484217
Gas is nearly $2.50. Food prices are going down.
Who are these "Americans"?
>The Conference Board 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.
Oh, it's bullshit. Got it.
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>>1484821
Food prices are up. Bipartisan support on that one. Even GOP members are nervously admitting how bad it's been. They don't want to risk sounding as tone deaf as Trump sounds going into midterms.
That lard queen Susie Wiles, who comes from a family of hardcore alcoholics, is insisting dementia Don is going to campaign harder during midterms than he did in 2024. Dude can't stay awake for daily briefings. Kek.
Queen of the lard for ya. Shes like 87 and dementia ridden too.
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>>1484889
grocery inflation is at about 2-ish%, aka normal.
The outliers are coffee, which is undrinkable pisswater and people who pretend to like it are stupid, and beef which the US beef industry has been intentionally fucked over to inflate pricing.
We're still recovering frrom Bidenflation mostly.
https://www.ers.usda.gov/data-products/chart-gallery/chart-detail?char tId=58350
https://www.statista.com/statistics/1426468/food-inflation-rate-in-the -us/
And if food prices aren't going down (despite my lived experience) we can at least agree we're not getting raped by whatever in the living fuck happened under Joe Biden and the Democrats.
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>>1484796
>>1484755
Agreed. I feel it's important to keep hammering home the facts that show that Trump doesn't give a shit about helping Americans, he only cares about enriching himself and feeling powerful. If big tech companies promise him things, we'll happily reverse course on issues like H1-B visas, as he did late last year.
He went from pricing them at $100k (if you really need a specialist, you can still hire them, but prices out companies looking to import indentured Indian software slaves) to claiming the average American can't be trained to do factory work, and thus Americans should remain unemployed while employers bring in an army of people trapped into visa arrangements that force them to tolerate bad pay and bad treatment, lest they lose their visa. The unemployment rate for college graduates is now is comparable to the non-college rate.
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>>1485022
>Agreed. I feel it's important to keep hammering home the facts that show that Trump doesn't give a shit about helping Americans, he only cares about enriching himself and feeling powerful. If big tech companies promise him things, we'll happily reverse course on issues like H1-B visas, as he did late last year.
Yup. And hus whole family is in on the scam. His son shorted bitcoin right before Trump did another "tariff" threat and the brat made $80,000,000 overnight.
Thats criminal and at the very least sure unethical but these creeps don't know the meaning of the word. Atleast Barron is already going bald, kek.