US Consumer Confidence Rises, GDP Growth Cools, Construction Spending Falls, and Consumer Spending Rebounds on Nostr: Consumer Spending Faces Potential Slowdown Amidst Weakening Retail Sales and ...

Consumer Spending Faces Potential Slowdown Amidst Weakening Retail Sales and Increased Focus on Consumer Savings
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#fdaae6e6 ver:0.22

Despite weakening retail sales and increased focus on consumer savings, consumer spending in the US remains strong. The economy is still growing, inflation is moderating, and increased consumer spending is supporting underlying momentum. However, recent data suggests a potential slowdown in consumer spending, with monthly growth falling and overall spending shrinking. The role of immigration in slowing inflation is highlighted, as new workers have helped fill open jobs and minimized wage-related price hikes. Consumer spending patterns are stabilizing, with a focus on deals and savings. High interest rates may persist, potentially postponing expected growth. #ConsumerSpending #RetailSales #EconomicGrowth #Inflation #Immigration #Savings #InterestRates...

#newstr #ConsumerSpending #EconomicGrowth #Inflation #FederalReserve #RetailSales #Immigration #Advertising #ConsumerSavings

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