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US Consumer Confidence Continues to Decline as Americans Worry About the Future /
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2024-06-01 12:59:48

US Consumer Confidence Continues to Decline as Americans Worry About the Future on Nostr: Consumer Pessimism Persists Despite Strong Economic Indicators =============== ...

Consumer Pessimism Persists Despite Strong Economic Indicators
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#cc9ffa19 ver:1.08

Despite strong economic indicators, consumer pessimism persists in the US. Consumer confidence unexpectedly improved in May, driven by optimism about the labor market. However, concerns about a potential recession and misconceptions about the economy still exist. Consumers are worried about inflation and expect higher interest rates. Despite these concerns, buying plans for major household appliances are up, but plans to purchase a home remain low. The economy has slowed this year, but job growth and low unemployment continue. #ConsumerConfidence #EconomicIndicators #RecessionConcerns #InflationWorries...

#newstr #UsEconomy #ConsumerConfidence #JobMarket #Inflation #Recession

https://here.news/story/cc9ffa19?ver=1.08
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