The State of the Economy for February 2025
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C-SUITE PERSPECTIVES

The State of the Economy for February 2025

25 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

 

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 The State of the Economy for February 2025

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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: 

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Experts in this series

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

Erik Lundh

Erik Lundh

Senior Economist, Global
The Conference Board

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Stephanie Guichard, PhD

Stephanie Guichard, PhD

Senior Economist, Global Indicators
The Conference Board…

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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®.

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