OAN Staff <a href="https://www.oann.com/tag/alicia-summers">Alicia Summers</a> 1:53 PM – Tuesday, January 28, 2025 Consumer confidence dropped for the second consecutive month in January, with the Conference Board’s Consumer Confidence Index falling to 104.1 from 109.5 in December, missing expectations. The decline was driven by concerns over the labor market and inflation. To discuss the implications, Ed Sidell, CEO &amp; Chief Investment Advisor at EGIS Financial joins Alicia Summers to provide insight. Ed shares his thoughts on the drop in confidence, the significance of the first 100 days of the new Trump administration, and whether tax cuts, deregulation, and trade negotiations will continue driving economic growth this year. <figure class="wp-block-video"><video autoplay="" controls="" loop="" poster="https://www.oann.com/wp-content/uploads/2022/04/vid-poster-image.jpg" src="https://d1cc0p6j4uj4n9.cloudfront.net/7638635d-3dc6-42f5-ad0e-6e904e6d8e10/mp4/19ed046f-d6c3-451d-b4e5-053bd3f297bb_Mp4_Avc_Aac_16x9_1280x720p_30Hz_3.5Mbps_qvbr.mp4" width="100%" height="auto"></video></figure>

Consumer confidence dropped for the second consecutive month in January, with the Conference Board's Consumer Confidence Index falling to 104.1 from 109.5 in December, missing expectations.{ai:summary}Consumer confidence has decreased for the second month in a row, with the Conference Board’s index falling to 104.1 in January from 109.5 in December, attributed to worries about the labor market and inflation. Despite this dip, optimism remains for a 3% GDP growth and market stability, with discussions focusing on the impact of the new Trump administration's policies. #economy

Consumer Confidence Dips, But Optimism For 3% GDP Growth And Market Stability Remains

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