US Consumer Confidence Hits 11-Year Low in January, Missing Forecasts

The Conference Board's Consumer Confidence Index fell sharply to 87.1 in January 2026, its lowest level since 2015 and well below economists' expectations. The unexpected decline signals growing pessimism among American households about economic conditions and future prospects. The present situation index dropped to 95.5 while expectations plunged to 81.5, reflecting concerns about inflation, employment trends, and business conditions. This data suggests potential headwinds for consumer spending, which drives approximately 70% of US economic activity.