US Consumer Confidence Falls to Lowest Level Since 2014

Bloomberg Markets and Finance | January 27, 2026 at 03:47 PM UTC
Bearish 85% Confidence
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Key Points

  • US January Consumer Confidence fell to 84.5 (est. 91.0), revised from 94.2, marking the lowest level since May 2014.
  • Both the present situation index (113.7 from 116.8) and the expectations index (65.1 from 70.7) declined.
  • The drop is linked to increasing consumer pessimism regarding job availability and future income, with fewer people seeing jobs as plentiful and more expecting income drops.

AI Summary

The video discusses the significant drop in US January Consumer Confidence to 84.5, the lowest level since May 2014, falling short of estimates. This decline is attributed to increasing consumer pessimism about the labor market and future income, suggesting a potential pullback in consumer spending.

Model Analysis Breakdown

Model Sentiment Confidence
Gemini 2.5 Flash Bearish 85%
Consensus Bearish 85%