Consumer Confidence in the US Falls in June Amid Concerns About Near-Term Prospects
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#cc9ffa19 ver:1.37

Consumer confidence in the US fell in June, reaching its lowest level in seven months. Rising concerns about high prices and weakening incomes drove the decline. Despite stable inflation expectations, the drop in sentiment is significant as consumer spending plays a crucial role in driving economic growth. The decline in consumer confidence is also impacting President Biden's reelection bid. However, the labor market remains healthy, and consumer spending continues, albeit at a slower pace. The US economy is still in good shape, but there are signs of weakening. #ConsumerConfidence #US #Economy...

#newstr #ConsumerConfidence #InflationConcerns #LaborMarket #EconomicOutlook #ConsumerSpending 

 https://here.news/story/cc9ffa19?ver=1.37