US Consumer Confidence Declines in June on Weaker Outlook for Economy
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#cc9ffa19 ver:1.29
US consumer confidence declined in June, hitting a 7-month low, driven by concerns about high prices and weakening incomes. The decline in sentiment is significant for economic growth and impacts President Biden's reelection bid. Despite positive economic indicators, factors that used to predict sentiment no longer matter in the same way, reflecting a disconnect between positive economic news and economic pessimism. #ConsumerConfidence #EconomicOutlook #Inflation #USconomy...
#newstr #UsConsumerConfidence #Economy #TheConferenceBoard #Sentiment #BusinessConditions #JobMarket #Incomes #Expectations #PresentConditions #LaborMarket #Prices #Inflation #BuyingPlans #MotorVehicles #MajorAppliances #Vacation #LaborMarketStrength
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