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Economic Confidence Slips to 17-Month Low, Holiday Spending Plans Weaken

Economic Confidence Slips to 17-Month Low, Holiday Spending Plans Weaken

Last updated: December 4, 2025 8:48 pm
By Tom Ozimek
1 Min Read
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Economic Confidence Slips to 17-Month Low, Holiday Spending Plans Weaken

Shoppers on Black Friday at a mall in Bethesda, Md., on Nov. 28, 2025. Madalina Kilroy/The Epoch Times

A new Gallup poll shows that U.S. consumer confidence deteriorated sharply in November, falling to its weakest level in 17 months as households contended with a protracted federal government shutdown, volatile financial markets, cooling job prospects, and renewed inflation anxiety.

The gloomier mood—reflected in Gallup’s Dec. 4 poll and aligning with several other major sentiment surveys—coincided with a pullback in Americans’ holiday spending plans, raising concerns about softer momentum heading into the final weeks of 2025.

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