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US Consumer Confidence Continues to Decline as Americans Worry About the Future /
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2024-06-03 04:59:17

US Consumer Confidence Continues to Decline as Americans Worry About the Future on Nostr: US Consumer Confidence Improves Despite Lingering Concerns =============== #cc9ffa19 ...

US Consumer Confidence Improves Despite Lingering Concerns
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#cc9ffa19 ver:1.1

US consumer confidence unexpectedly improves in May, reaching 102.0, driven by optimism about the labor market. However, concerns about a potential recession persist, with over two-thirds of respondents believing it's likely in the next year. Despite the rebound, misconceptions about the economy among Americans remain, highlighting divergent views. Concerns about inflation persist, but consumers still plan to spend on major household appliances. The economy has slowed this year, with GDP growth at 1.6% in Q1. Despite stable job growth, Americans are uncertain about the future of the economy. #ConsumerConfidence #RecessionConcerns #InflationWorries...

#newstr #ConsumerConfidence #Recession #JobMarket #Economy #Inflation #HousingMarket

https://here.news/story/cc9ffa19?ver=1.1
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