ABA Banking Journal
No Result
View All Result
  • Topics
    • Ag Banking
    • Commercial Lending
    • Community Banking
    • Compliance and Risk
    • Cybersecurity
    • Economy
    • Human Resources
    • Insurance
    • Legal
    • Mortgage
    • Mutual Funds
    • Payments
    • Policy
    • Retail and Marketing
    • Tax and Accounting
    • Technology
    • Wealth Management
  • Newsbytes
  • Podcasts
  • Magazine
    • Subscribe
    • Advertise
    • Magazine Archive
    • Newsletter Archive
    • Podcast Archive
    • Sponsored Content Archive
SUBSCRIBE
ABA Banking Journal
  • Topics
    • Ag Banking
    • Commercial Lending
    • Community Banking
    • Compliance and Risk
    • Cybersecurity
    • Economy
    • Human Resources
    • Insurance
    • Legal
    • Mortgage
    • Mutual Funds
    • Payments
    • Policy
    • Retail and Marketing
    • Tax and Accounting
    • Technology
    • Wealth Management
  • Newsbytes
  • Podcasts
  • Magazine
    • Subscribe
    • Advertise
    • Magazine Archive
    • Newsletter Archive
    • Podcast Archive
    • Sponsored Content Archive
No Result
View All Result
No Result
View All Result
Home Economy

Final: Consumer sentiment decreased 2.9 points in January

January 24, 2025
Reading Time: 2 mins read
Consumer Sentiment declined in April

Final results show consumer sentiment fell for the first time in six months, down 2.9 points in January to 71.1, down 7.9 points from last year. The Current Economic Conditions Index fell 1.1 point from the previous month to 74.0, 7.9 points lower than year-ago levels. The Consumer Expectations Index fell 4.0 points to 69.3, 7.8 points lower than the January 2023 Index.

“Consumer sentiment fell for the first time in six months, edging down 4% from December. While assessments of personal finances inched up for the fifth consecutive month, all other index components pulled back. Indeed, sentiment declines were broad based and seen across incomes, wealth, and age groups. Buying conditions for durables softened but remained about 30% better than six months ago amid persistent views that purchasing now would avoid future price increases. Despite reporting stronger incomes this month, concerns about unemployment rose; about 47% of consumers expect unemployment to rise in the year ahead, the highest since the pandemic recession. January’s data closed on Inauguration Day, and consumers of all political leanings will continue to refine their views as Trump’s policies are clarified and implemented.”, said University of Michigan Surveys of Consumers Director Joanne Hsu.

Year-ahead inflation expectations soared from 2.8% last month to 3.3% this month. The current reading is the highest since May 2024 and is above the 2.3-3.0% range seen in the two years prior to the pandemic. Long-run inflation expectations rose from 3.0% last month to 3.2% this month, the same reading seen in November 2024. For both the short and long run, inflation expectations rose across income and educational groups. Concerns over the future trajectory of inflation were visible throughout the interviews and were tied to beliefs about anticipated policies like tariffs. Consumers continued to spontaneously express motives for buying-in-advance to avoid future price increases, and robust auto and retail sales data suggest that consumers are indeed acting on these views.

 

Read the University of Michigan Surveys of Consumers release.

Tags: Consumer sentiment
ShareTweetPin

Related Posts

Mild home appreciation in November as regions diverge

Treasury proposes rule to bar large institutional investment in single-family homes

Mortgage
October 24, 2026

A large institutional investor is defined as an investor that has direct or indirect control over at least 350 homes. Penalties for violating the law can range from $1 million to three times the purchase price of the...

FHLB releases 2023 Report to Congress

Trump issues additional orders intended to lower housing costs

Mortgage
October 24, 2026

The order directs the Federal Housing Finance Agency director to reduce homeowners’ refinancing costs by expanding FHFA’s existing title insurance waiver pilot into a permanent program.

ABA DataBank: Home purchase cancellations near record highs

ABA DataBank: Home purchase cancellations near record highs

Economy
October 23, 2026

Home purchase cancellations rose to 14.5% of pending sales in September, the highest rate on record outside the early months of the pandemic.

Consumer Sentiment declined in April

Final: Consumer sentiment decreased slightly in October

Economy
October 23, 2026

Consumer sentiment decreased 0.2% month over month in October to 48, and was down 10.4% from one year ago, according to final results of the University of Michigan Surveys of Consumers.

ABA, associations thank lawmakers in four states for supporting economic growth

ABA, associations thank lawmakers in four states for supporting economic growth

Newsbytes
October 23, 2026

ABA joined state bankers associations in Illinois, Texas, California and Missouri in debuting ads thanking House lawmakers in each for supporting policies that help families and small businesses.

Poll: Growing deposits top priority for midsize banks in 2023

The real value of bank deposits goes beyond yield

Economy
October 22, 2026

Bank deposits deliver different — and more — value than stablecoins do. Comparing them on only one dimension obscures the picture.

NEWSBYTES

Treasury proposes rule to bar large institutional investment in single-family homes

October 24, 2026

Trump issues additional orders intended to lower housing costs

October 24, 2026

ABA DataBank: Home purchase cancellations near record highs

October 23, 2026

SPONSORED CONTENT

The Shift from Demographic Marketing

The Shift from Demographic Marketing

October 1, 2026
Meeting Ag Lending Goals Without Going It Alone

Meeting Ag Lending Goals Without Going It Alone

October 1, 2026
Beyond the Portfolio: The Wealth Manager’s New Role in a Multigenerational World

Beyond the Portfolio: The Wealth Manager’s New Role in a Multigenerational World

September 17, 2026
Banking Technology at a Strategic Crossroads

Banking Technology at a Strategic Crossroads

September 8, 2026

PODCASTS

Podcast: Proactively managing the core provider relationship

October 22, 2026

Podcast: How community banks can keep farmers farming in turbulent times

October 14, 2026

Podcast: The birth of American money and how it triggered a revolution

October 8, 2026

American Bankers Association
1333 New Hampshire Ave NW
Washington, DC 20036
1-800-BANKERS (800-226-5377)
www.aba.com
About ABA
Privacy Policy
Contact ABA

ABA Banking Journal
About ABA Banking Journal
Media Kit
Advertising
Subscribe

© 2026 American Bankers Association. All rights reserved.

No Result
View All Result
  • Topics
    • Ag Banking
    • Commercial Lending
    • Community Banking
    • Compliance and Risk
    • Cybersecurity
    • Economy
    • Human Resources
    • Insurance
    • Legal
    • Mortgage
    • Mutual Funds
    • Payments
    • Policy
    • Retail and Marketing
    • Tax and Accounting
    • Technology
    • Wealth Management
  • Newsbytes
  • Podcasts
  • Magazine
    • Subscribe
    • Advertise
    • Magazine Archive
    • Newsletter Archive
    • Podcast Archive
    • Sponsored Content Archive

© 2026 American Bankers Association. All rights reserved.