US Consumer Confidence Rises, GDP Growth Cools, Construction Spending Falls, and Consumer Spending Rebounds on Nostr: US Economy Faces Slowdown in Consumer Spending Amidst Weakening Retail Sales ...
US Economy Faces Slowdown in Consumer Spending Amidst Weakening Retail Sales
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#fdaae6e6 ver:0.2
Despite challenges such as slower job and wage gains, higher interest rates, and weakening retail sales, the US economy is still growing and consumer spending remains strong. However, recent data suggests a potential slowdown in consumer spending, with monthly growth falling and retail sales weakening. The economy's growth for the rest of the year will depend on factors like job growth, inflation, and actions taken by the Federal Reserve. #US #economy #consumer #spending #retailsales...
#newstr #UsEconomy #ConsumerSpending #RetailSales
https://here.news/story/fdaae6e6?ver=0.2
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#fdaae6e6 ver:0.2
Despite challenges such as slower job and wage gains, higher interest rates, and weakening retail sales, the US economy is still growing and consumer spending remains strong. However, recent data suggests a potential slowdown in consumer spending, with monthly growth falling and retail sales weakening. The economy's growth for the rest of the year will depend on factors like job growth, inflation, and actions taken by the Federal Reserve. #US #economy #consumer #spending #retailsales...
#newstr #UsEconomy #ConsumerSpending #RetailSales
https://here.news/story/fdaae6e6?ver=0.2