US Consumer Confidence Rises in May After Three Months of Declines, but Inflation and Recession Concerns Persist
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#cc9ffa19 ver:1.06
US consumer confidence unexpectedly rises in May, ending three months of declines. Optimism about the labor market drives the increase, with fewer respondents saying jobs are 'hard to get'. However, concerns about inflation and a potential recession persist. Despite this, consumers plan to buy major household appliances and are upbeat about the housing market. The positive outlook contrasts with misconceptions about the economy among Americans. #ConsumerConfidence #EconomicOutlook #InflationConcerns #RecessionWorries...
#newstr #UsConsumerConfidence #JobMarket #Economy #InflationConcerns #Recession #RetailSales
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