U.S. consumer confidence dipped for the second consecutive month in January, a business research group said Tuesday. The Conference Board reported that its consumer confidence index retreated this month to 104.

Confidence among U.S. consumers weakened for a second-straight month, reflecting retreating optimism of both current and future conditions.

US consumer confidence suddenly dropped in January to a four-month low thanks in part to renewed pessimism about the labor market and the outlook for the broader economy. Complaints that jobs are harder to get are up while expectations that wages will rise are down—as is the number of people saying business conditions are good.