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US Consumer Spending Faces Challenges Amidst Economic Slowdown /
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2024-06-22 13:02:40

US Consumer Spending Faces Challenges Amidst Economic Slowdown on Nostr: US Consumer Spending Faces Challenges Amidst Economic Slowdown =============== ...

US Consumer Spending Faces Challenges Amidst Economic Slowdown
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#1cee2c6f ver:0.19

US consumer spending faces challenges amidst economic slowdown as inflation rises, wages grow minimally, and consumer sentiment decreases. Credit unions should review portfolios, offer line increases, and promote debit usage. Rising delinquency rates and declining retail sales indicate a potential consumer-led recession. Consumers are exercising spending restraint due to low incomes, depleted savings, and high debt. Government intervention may be necessary to prevent a crashing economy. #ConsumerSpending #EconomicSlowdown #Inflation #CreditUnions #Recession...

#newstr #ConsumerSpending #Recession #UsEconomy #Inflation #ConsumerSentiment #Gdp

https://here.news/story/1cee2c6f?ver=0.19
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