Shipping rates have plunged in January. The sinking demand for raw materials is another warning about the state of the economy in 2025. It was one echoed yet again by American consumers who, after a short reprieve on rate cuts and election, are right back to worrying about jobs and incomes all over again.

Eurodollar University's Money & Macro Analysis

Investopedia
https://www.investopedia.com/terms/b/baltic_dry_index.asp

Bloomberg US Consumer Confidence Drops to Four-Month Low on Job Market
https://www.bloomberg.com/news/articles/2025-01-28/us-consumer-confidence-drops-to-four-month-low-on-job-market

Conference Board 
https://www.conference-board.org/topics/consumer-confidence

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