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US Consumer Confidence Rises, GDP Growth Cools, Construction Spending Falls, and Consumer Spending Rebounds /
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2024-06-29 07:55:35

US Consumer Confidence Rises, GDP Growth Cools, Construction Spending Falls, and Consumer Spending Rebounds on Nostr: US Economy Faces Potential Slowdown as Monetary Tightening Continues =============== ...

US Economy Faces Potential Slowdown as Monetary Tightening Continues
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#fdaae6e6 ver:0.53

The US economy faces a potential slowdown as monetary tightening continues, with GDP growth projected to slow to 1.8% in 2025. Consumer spending and the housing market show signs of deceleration, while the labor market and business investment are also faltering. However, economists predict growth will pick up in the current quarter, and the availability of more workers can help limit wage-driven inflation. Despite challenges, the US retail sector remains resilient, with positive indicators and a forecasted growth of 2.5% to 3.5% in 2024. The manufacturing industry also shows signs of momentum and optimism, supported by infrastructure spending. Overall, the US economy navigates global uncertainties while striving for sustained growth. #USEconomy #MonetaryTightening #GDPGrowth #ConsumerSpending #HousingMarket #LaborMarket #BusinessInvestment #RetailSector #ManufacturingIndustry...

#newstr #UsEconomy #MonetaryTightening #GdpGrowth #Inflation #FederalReserveBank

https://here.news/story/fdaae6e6?ver=0.53
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