Strains on U.S. Economy Evident as Indicators Show Decline in Consumer Sentiment
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#cc9ffa19 ver:1.09

Consumer confidence in the US unexpectedly improved in May, with the Consumer Confidence Index rising to 102.0, driven by optimism about the labor market. However, concerns about a potential recession persist, and misconceptions about the state of the economy are prevalent among Americans. Despite the rebound in confidence, concerns about inflation and higher interest rates remain. The US economy has slowed this year, with GDP growth at 1.6% in Q1, but the labor market remains strong. #US #economy #consumerconfidence #recession #inflation...

#newstr #UsEconomy #ConsumerSentiment #JobMarket #Inflation #CreditCardDebt #RealEstate #Affordability 

 https://here.news/story/cc9ffa19?ver=1.09