Inflation Feels Bad to US Consumers Despite Varying Definitions
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#47f15315 ver:0.31

Despite positive economic growth, US consumers feel pessimistic about the future due to concerns about rising costs and the economic divide. Surveys show that middle-class Americans struggle with inflation and stagnant wages, while higher-income individuals are relatively insulated. A recent survey also revealed that consumers' discretionary budgets are shrinking. The Federal Reserve's 'Beige Book' survey reflects a gloomier outlook on the US economy, with cooling discretionary spending and modest job gains. Americans have a paradoxical attitude, feeling optimistic about personal finances but pessimistic about the overall economy. Rising prices contribute to consumer pessimism, highlighting the disconnect between economists' views and everyday experiences. Addressing these concerns is crucial for building a more equitable future. #USconsumers #economicoutlook #inflationconcerns #economicdivide #risingcostofliving...

#newstr #UsConsumers #Economy #Inflation #ConsumerSentiment 

 https://here.news/story/47f15315?ver=0.31