Consumer confidence continues to fade despite heady economic growth

Updated on: December 23, 2025 / 11:32 AM EST / CBS/AP

Consumer confidence continues to fade despite heady economic growth

TL;DR

  • Consumer confidence index fell to 89.1 in December, down from a revised 92.9 in November.
  • Prices, inflation, and tariffs were the primary concerns for consumers.
  • Perceptions of the job market declined, with fewer consumers reporting plentiful jobs and more finding them hard to get.
  • Consumers' assessments of their current economic situation are at their lowest point in five years.
  • Despite low confidence, consumer spending remains robust, accounting for two-thirds of economic activity.
  • GDP growth accelerated in the third quarter, but job creation has slowed, and the unemployment rate rose to 4.6%.