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USA-Consumer Confidence/Index
Beijing, China - April 30, 2025 (CCTV - No access Chinese mainland)
1. Screenshot of Consumer Confidence Survey
Los Angeles, California, USA - April 7, 2025 (CGTN - No access Chinese mainland)
2. Various of residents walking with shopping carts at supermarket parking lot, loading groceries onto cars
Miami, USA - April 7, 2025 (CGTN - No access Chinese mainland)
3. Various of employees putting meat products on refrigerator shelves
4. Various of fruit, vegetables
New York City, USA - April 7, 2025 (CGTN - No access Chinese mainland)
5. Various of shoppers at street stand
6. Subway entrance, pedestrians
FILE: Savannah City, Georgia, USA - Nov 12, 2021 (CCTV - No access Chinese mainland)
7. Various of hiring notices
FILE: San Francisco, California, USA - May 2022 (CGTN - No access Chinese mainland)
8. Office workers
FILE: Ohio, USA - Date Unknown (CGTN - No access Chinese mainland)
9. Workers in auto glass production factory
FILE: North Las Vegas, USA - 2022 (CGTN - No access Chinese mainland)
10. Workers working, machine operating on production lines
FILE: New York City, USA - October 2024 (CCTV Video News Agency - No access Chinese mainland)
11. Traffic
FILE: New York City, USA - Oct 2024 (CCTV Video News Agency - No access Chinese mainland)
12. Various of New York Stock Exchange building, U.S. national flags, NYSE flags
FILE: Washington D.C., USA - Date Unknown (CCTV - No access Chinese mainland)
13. Various of White House, U.S. national flag
FILE: New York City, USA - Oct 2024 (CCTV Video News Agency - No access Chinese mainland)
14. Various of port scene, Statue of Liberty
The U.S. consumer confidence index for April has dropped for the fifth straight month due to deteriorating economic expectations, reaching its lowest level since May 2020, according to data released by the Conference Board, a non-profit business membership and research organization, on Tuesday.
Data shows that the U.S. consumer confidence index for April stood at 86, falling below market expectations of 87.5 and March's figure of 93.9. Among the various factors influencing consumer perceptions of the economic landscape, tariffs emerged as the primary concern, with consumers mentioning tariffs at the highest frequency on record for the organization.
The Conference Board said that within the five components of the index, the Present Situation Index -- based on consumers' assessment of current business and labor market conditions -- decreased 0.9 points to 133.5, while the Expectations Index -- based on consumers’ short-term outlook for income, business, and labor market conditions -- dropped 12.5 points to 54.4, the lowest level since October 2011 and well below the threshold of 80 that usually signals a recession ahead.
Meanwhile, the share of consumers expecting fewer jobs in the next six months rose to 32.1 percent, nearing levels seen during the international financial crisis in April 2009. Expectations regarding future income prospects have turned notably negative for the first time in five years, suggesting that concerns about the economy have extended to consumers worrying about their own personal situations.
In addition, due to the high volatility in the U.S. financial markets, 48.5 percent of consumers anticipate a decline in stock prices over the next 12 months, the highest share since October 2011.
USA-Consumer Confidence/Index
Dateline : April 7/29-30, 2025/File
Location : United States
Duration : 1'34
Beijing, China - April 30, 2025 (CCTV - No access Chinese mainland)
1. Screenshot of Consumer Confidence Survey
Los Angeles, California, USA - April 7, 2025 (CGTN - No access Chinese mainland)
2. Various of residents walking with shopping carts at supermarket parking lot, loading groceries onto cars
Miami, USA - April 7, 2025 (CGTN - No access Chinese mainland)
3. Various of employees putting meat products on refrigerator shelves
4. Various of fruit, vegetables
New York City, USA - April 7, 2025 (CGTN - No access Chinese mainland)
5. Various of shoppers at street stand
6. Subway entrance, pedestrians
FILE: Savannah City, Georgia, USA - Nov 12, 2021 (CCTV - No access Chinese mainland)
7. Various of hiring notices
FILE: San Francisco, California, USA - May 2022 (CGTN - No access Chinese mainland)
8. Office workers
FILE: Ohio, USA - Date Unknown (CGTN - No access Chinese mainland)
9. Workers in auto glass production factory
FILE: North Las Vegas, USA - 2022 (CGTN - No access Chinese mainland)
10. Workers working, machine operating on production lines
FILE: New York City, USA - October 2024 (CCTV Video News Agency - No access Chinese mainland)
11. Traffic
FILE: New York City, USA - Oct 2024 (CCTV Video News Agency - No access Chinese mainland)
12. Various of New York Stock Exchange building, U.S. national flags, NYSE flags
FILE: Washington D.C., USA - Date Unknown (CCTV - No access Chinese mainland)
13. Various of White House, U.S. national flag
FILE: New York City, USA - Oct 2024 (CCTV Video News Agency - No access Chinese mainland)
14. Various of port scene, Statue of Liberty
The U.S. consumer confidence index for April has dropped for the fifth straight month due to deteriorating economic expectations, reaching its lowest level since May 2020, according to data released by the Conference Board, a non-profit business membership and research organization, on Tuesday.
Data shows that the U.S. consumer confidence index for April stood at 86, falling below market expectations of 87.5 and March's figure of 93.9. Among the various factors influencing consumer perceptions of the economic landscape, tariffs emerged as the primary concern, with consumers mentioning tariffs at the highest frequency on record for the organization.
The Conference Board said that within the five components of the index, the Present Situation Index -- based on consumers' assessment of current business and labor market conditions -- decreased 0.9 points to 133.5, while the Expectations Index -- based on consumers’ short-term outlook for income, business, and labor market conditions -- dropped 12.5 points to 54.4, the lowest level since October 2011 and well below the threshold of 80 that usually signals a recession ahead.
Meanwhile, the share of consumers expecting fewer jobs in the next six months rose to 32.1 percent, nearing levels seen during the international financial crisis in April 2009. Expectations regarding future income prospects have turned notably negative for the first time in five years, suggesting that concerns about the economy have extended to consumers worrying about their own personal situations.
In addition, due to the high volatility in the U.S. financial markets, 48.5 percent of consumers anticipate a decline in stock prices over the next 12 months, the highest share since October 2011.
ID : 8426147
Published : 2025-04-30 19:17
Last Modified : 2025-04-30 19:27:03
Source : CCTV Video News Agency,China Central Television (CCTV),China Global Television Network (CGTN)
Restrictions : No access Chinese mainland
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