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US Consumer Confidence Rises, GDP Growth Cools, Construction Spending Falls, and Consumer Spending Rebounds /
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2024-06-26 18:54:21

US Consumer Confidence Rises, GDP Growth Cools, Construction Spending Falls, and Consumer Spending Rebounds on Nostr: US Manufacturing Economy Shows Signs of Momentum and Optimism Amidst Soft Landing ...

US Manufacturing Economy Shows Signs of Momentum and Optimism Amidst Soft Landing
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#fdaae6e6 ver:0.26

Despite challenges like slower job and wage gains, higher interest rates, and tighter credit, the US economy shows signs of momentum and optimism. Consumer spending remains strong, supporting underlying growth. Inflation is moderating, and increased immigration helps limit wage-driven inflation. However, recent data suggests a potential slowdown in consumer spending. The US manufacturing economy is also showing growth, with increased output and new orders. CFOs expect revenue and payroll growth. Concerns about interest rates and inflation persist, but economists forecast steady growth ahead. The US retail and manufacturing sectors remain resilient amidst global economic uncertainties. #USeconomy #consumer spending #inflation #manufacturing...

#newstr #ManufacturingEconomy #UsEconomy #ConsumerSpending #Inflation #FederalReserve #RetailSales #Immigration #EconomicGrowth

https://here.news/story/fdaae6e6?ver=0.26
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