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US Consumer Confidence Rises, GDP Growth Cools, Construction Spending Falls, and Consumer Spending Rebounds /
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2024-06-04 18:04:15

US Consumer Confidence Rises, GDP Growth Cools, Construction Spending Falls, and Consumer Spending Rebounds on Nostr: Consumers Remain Willing to Spend Despite Slowing Growth in the US Economy ...

Consumers Remain Willing to Spend Despite Slowing Growth in the US Economy
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#fdaae6e6 ver:0.19

Despite slowing growth in the US economy, consumers are still willing to spend. Job and wage gains, high interest rates, and inflation are impacting consumer spending, but the economy is still growing and inflation is moderating. Gross domestic product is expected to grow by 2.3% in 2024, with employment increasing by 180,000 jobs per month. Retail sales are projected to grow between 2.5% and 3.5% this year. #ConsumerSpending #USGrowth #Economy...

#newstr #UsEconomy #ConsumerSpending #JobGrowth #Inflation #FederalReserve

https://here.news/story/fdaae6e6?ver=0.19
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