US Consumer Confidence Declines in June Amid Concerns About the Economy and Inflation
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#cc9ffa19 ver:1.39
US consumer confidence declined in June due to concerns about the economy and inflation. The University of Michigan's sentiment index dropped to its lowest level in seven months, while The Conference Board's consumer confidence index also showed a decline. Despite this, consumer spending remains resilient, driven by a strong labor market. The decline in confidence is significant as consumer spending plays a crucial role in driving economic growth. #ConsumerConfidence #Economy #Inflation...
#newstr #ConsumerConfidence #Inflation #Economy #UniversityOfMichiganSurvey #ConferenceBoard
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