US Consumer Sentiment Declines Despite Some Positive Indicators
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#cc9ffa19 ver:1.26
US consumer sentiment declines for the third consecutive month, hitting a 7-month low. Rising concerns about high prices and weakening incomes drive the decline, despite stable inflation expectations. The drop in sentiment impacts economic growth and President Biden's reelection bid. Positive economic indicators no longer predict consumer sentiment due to the lasting effects of inflation and changing perceptions of the economy. A disconnect exists between positive economic news and economic pessimism. #ConsumerSentiment #Inflation #EconomicOutlook...
#newstr #UsConsumerSentiment #Inflation #EconomicIndicators #ConsumerBehavior #EconomicSentimentIndex
https://here.news/story/cc9ffa19?ver=1.26