Americans' Perception of the Economy Shifts Despite Positive Indicators
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#cc9ffa19 ver:1.25

Americans' perception of the economy has shifted despite positive indicators. Consumer sentiment hit a seven-month low in June, driven by concerns about high prices and weakening incomes. This decline in sentiment is significant as consumer spending drives economic growth. The sour sentiment also impacts President Biden's reelection bid. Despite some improvement earlier this year, inflation remains high, impacting personal finances and the broader economy. Factors that used to predict consumer sentiment no longer hold the same weight, reflecting a disconnect between positive economic news and economic pessimism. #ConsumerSentiment #EconomicOutlook #InflationConcerns...

#newstr #ConsumerSentiment #Inflation #HousingAffordability #CarSales 

 https://here.news/story/cc9ffa19?ver=1.25