The State of the Economy for February 2025
Our Privacy Policy has been updated! The Conference Board uses cookies to improve our website, enhance your experience, and deliver relevant messages and offers about our products. Detailed information on the use of cookies on this site is provided in our cookie policy. For more information on how The Conference Board collects and uses personal data, please visit our privacy policy. By continuing to use this Site or by clicking "ACCEPT", you acknowledge our privacy policy and consent to the use of cookies. 

C-SUITE PERSPECTIVES

The State of the Economy for February 2025

Unpack what’s behind declining consumer sentiment, including survey respondents' write-in responses, and how it could shape economic growth this year.

In February, consumer confidence saw its third month-on-month decline, sliding 7 points to 98.3, the steepest decline since August 2021. Additionally, consumers’ short-term outlook for the economy fell below 80, which usually signals a recession ahead, for the first time since June 2024.  

 

Erik Lundh, Senior Global Economist, and Stephanie Guichard, Senior Economist of Global Indicators, both at The Conference Board, unpack what’s behind declining consumer sentiment, including survey respondents' write-in responses, and how it could shape economic growth this year. 


(00:30) February U.S. Consumer Confidence Survey Insights
(01:08) CEO Confidence vs. Consumer Confidence
(02:15) Detailed Breakdown of Consumer Confidence Components
(04:49) Consumer Inflation Expectations
(06:43) Consumer Spending and Market Expectations
(14:40) Global Economic Outlook
(15:20) U.S. Economic Forecast for 2025
(18:20) Impact of Tariffs on the Economy

 

For more from The Conference Board: 

The State of the Economy for February 2025

Don’t miss an episode of C-Suite Perspectives

Sign Up for Episode Alerts

Listen on

In February, consumer confidence saw its third month-on-month decline, sliding 7 points to 98.3, the steepest decline since August 2021. Additionally, consumers’ short-term outlook for the economy fell below 80, which usually signals a recession ahead, for the first time since June 2024.  

 

Erik Lundh, Senior Global Economist, and Stephanie Guichard, Senior Economist of Global Indicators, both at The Conference Board, unpack what’s behind declining consumer sentiment, including survey respondents' write-in responses, and how it could shape economic growth this year. 


(00:30) February U.S. Consumer Confidence Survey Insights
(01:08) CEO Confidence vs. Consumer Confidence
(02:15) Detailed Breakdown of Consumer Confidence Components
(04:49) Consumer Inflation Expectations
(06:43) Consumer Spending and Market Expectations
(14:40) Global Economic Outlook
(15:20) U.S. Economic Forecast for 2025
(18:20) Impact of Tariffs on the Economy

 

For more from The Conference Board: 

Return to podcast series

Experts in this series

Join experts from The Conference Board as they share Trusted Insights for What’s Ahead®

C-Suite Perspectives

C-Suite Perspectives is a series hosted by our President & CEO, Steve Odland. This weekly conversation takes an objective, data-driven look at a range of business topics aimed at executives. Listeners will come away with what The Conference Board does best: Trusted Insights for What’s Ahead®.

C-Suite Perspectives provides unique insights for C-Suite executives on timely topics that matter most to businesses as selected by The Conference Board. If you would like to suggest a guest for the podcast series, please email csuite.perspectives@conference-board.org. Note: As a non-profit organization under 501(c)(3) of the IRS Code, The Conference Board cannot promote or offer marketing opportunities to for-profit entities.


Episodes

Other Related Resources