Consumer Confidence Drops by the Most Since 2021

“References to inflation and prices in general continue to rank high. Most notably, comments on the current administration and its policies dominated the responses.”

By Mark Niquette | February 26, 2025 at 05:54 PM

U.S. consumer confidence fell this month by the most since August 2021 on concerns about the outlook for the broader economy, adding to evidence that uncertainty over the Trump administration’s policies is weighing on households.

The Conference Board’s gauge of confidence decreased by 7 points in February, to 98.3, marking the third straight decline, according to data released yesterday. The figure was below all estimates in a Bloomberg survey of economists.

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Consumer Confidence Drops by the Most Since 2021

“References to inflation and prices in general continue to rank high. Most notably, comments on the current administration and its policies dominated the responses.”

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