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The rise in confidence comes as recent data has indicated the labor market is showing some signs of stabilization and inflation has been relatively tame.

Compared with a year ago, inflation rose 2.9% in December, up from 2.8% in November. That is the largest yearly increase since March 2024.

The Labor Department reported that its CPI was up 2.7% in November from a year earlier. Energy prices, driven up by higher fuel oil prices, rose 4.2%, and so-called core inflation was up 2.6%.

The U.S. housing market has weighed on 91��Ƶ Depot as high interest rates prompt consumers to remain on the sidelines for big-ticket purchases and projects that require financing.

Initial claims decreased by 6,000 to 216,000 in the week ended Nov. 22. The median forecast in a Bloomberg survey of economists called for 225,000 applications.

President Donald Trump's return to the White House in January kicked off a roller coaster year for manufacturers, retailers and other U.S. industries dependent on goods from abroad.

CSCMP’s 2025 State of Logistics Report found that annual expenditures associated with moving freight grew 5.4% year over year to $2.58 trillion in 2024 compared with 2023.

The results landed just hours after Uber issued a better-than-expected forecast for the third quarter and exceeded Wall Street’s expectations on gross bookings.

“The top-down macro evidence seems clear: Americans are mostly paying for the tariffs,” George Saravelos, global head of FX research at Deutsche Bank.

Momentum Commerce, which manages online sales for 50 brands in a variety of product categories and price points, said its Amazon sales plunged 41% year over year on July 8.