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2024-11-26 21:09:56

Newsweek on Nostr: US Consumer Confidence Improves as Less Americans Anticipate a Recession ========== ...

US Consumer Confidence Improves as Less Americans Anticipate a Recession
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U.S. consumer confidence index rose to 111.7 in November 2024 from 109.6 in October; fewer Americans expect a recession, with the proportion at its lowest since July 2022; optimism about hiring is at a three-year high; inflation expectations are the slowest since March 2020; concerns about higher prices remain prevalent; President-elect Donald Trump announced 25% tariffs on imports from Canada and Mexico and 10% on China, raising inflation concerns among economists; Samuel Tombs warns households may underestimate tariff impacts.

#ConsumerConfidence #Economy #Recession #Inflation #Trump #Tariffs #JobMarket #ConferenceBoard #UsEconomy #EconomicOutlook

https://www.newsweek.com/us-consumer-confidence-improves-less-americans-anticipate-recession-1991980
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