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Timely insights from the Economy, Strategy & Finance Center
In June, a solid increase in retail sales shows consumers were still spending amid the first signs of tariff pressures. Nonetheless, some signs of slowing are emerging, particularly in categories most affected by tariffs.
Figure 1. Consumer Spending Slowing, but Still Solid
Sources: Census Bureau, Haver Analytics, The Conference Board, 2025
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All release times displayed are Eastern Time
Note: Due to the US federal government shutdown, all further releases for The Conference Board Employment Trends Index™ (ETI), The Conference Board-Lightcast Help Wanted OnLine® Index (HWOL Index), The Conference Board Leading Economic Index® of the US (US LEI) and The Conference Board Global Leading Economic Index® (Global LEI) data may be delayed. TCB will resume publication once updated US federal government data are released.
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US Consumer Confidence Virtually Unchanged in October
October 28, 2025
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New Data Reveal the Demographic Divides Driving US Consumer Confidence
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Connect and be informed about this topic through webcasts, virtual events and conferences
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October 28, 2025 | Brief
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