Bloomberg Intelligence US Consumer Confidence Tumbles Again to Lowest Since Early 2021
Mar 25, 2025
Grace Lee, a Senior Portfolio Manager at Columbia Threadneedle, shares insights on market outlook and the ongoing impacts of tariffs on investments. She emphasizes the uncertainty ahead, especially for sectors like autos and semiconductors. Mandeep Singh, a Senior Tech Industry Analyst at Bloomberg Intelligence, discusses the pressures on the U.S. semiconductor strategy amid global competition. Together, they dissect the current consumer confidence decline and its influence on investment trends and the tech landscape.
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Consumer Confidence Decline
- Consumer confidence has fallen to a two-year low, impacting the economy.
- Soft data is disappointing, but hard data hasn't reflected this yet.
Confidence Index Details
- The Consumer Confidence Index dropped for the fourth consecutive time to 92.9, the lowest since August 2021.
- Worry about future labor conditions and income is driving the decline.
Job Security Concerns
- Consumers perceive the current labor market as strong, but have growing concerns about job security and future income.
- This worry about potential job loss in the next six months is affecting their confidence.