US EditionConsumer Confidence Weakens as Employment Concerns Grow
The Conference Board reported a 1.3-point drop in consumer confidence to 97.4 in August amid rising recession fears and a weaker job market, with job growth below expectations.
- In August 2025, the Conference Board's Consumer Confidence Index in the United States decreased by 1.3 points, reaching 97.4.
- This decline followed a weakened Present Situation Index and lower Expectations Index, reflecting a weaker outlook on jobs, income, and business prospects amid a tightening labor market.
- Consumers' perception of available jobs continued to decline for the eighth consecutive month, while concerns about future job prospects and the chances of a recession increased to levels not seen since April.
- In July, job growth in the US was sluggish, with only 73,000 positions created—far below the forecast of 115,000—and job openings fell from 7.7 million in May to 7.4 million in June, raising further concerns about the economy’s momentum.
- These trends suggest mounting anxiety among Americans over the economy and labor market, signaling potential headwinds for consumer spending and economic expansion in the near term.
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US consumer confidence dips as job worries grow
KEY TAKEAWAYS: Consumer confidence index fell to 97.4 in August Job market concerns rise with fewer jobs and higher unemployment Inflation pressures tied to tariffs may push prices higher Recession expectations among consumers reach highest since April Americans’ view of the U.S. economy declined modestly in August as anxiety over a weakening job market grew for the eighth straight month. The Conference Board said Tuesday that its consumer…
Coverage Details
Total News Sources21
Leaning Left2Leaning Right0Center13Last UpdatedBias Distribution87% Center
Bias Distribution
- 87% of the sources are Center
87% Center
13%
C 87%
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