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US consumer confidence dips again to start the year, according to business group

  • U.S. Consumer confidence dipped for the second consecutive month in January, according to a business research group.
  • The Conference Board reported that its consumer confidence index retreated this month to 104.1, from 109.5 in December.
  • Views on current labor market conditions fell for the first time since September, as noted by the board.
  • Despite the decline, consumers continue to spend, which helps support the U.S. Economy since the sharp rebound from the COVID-19 recession in the spring of 2020.
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  • 48% of the sources are Center
48% Center
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