Tag: consumer sentiment
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US Consumer Sentiment Stays Subdued as Budget Concerns Linger
Latest Snapshot: Subdued Confidence Amid Budget Constraints New data on US consumer sentiment shows a continued lull in confidence as households face tighter budgets and uncertain economic footing. After a period of modest improvement earlier in the year, families are recalibrating expectations in the face of persistent inflation, higher interest rates, and the rising cost…
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US Consumer Sentiment Remains Subdued as Budget Worries Persist
Overview: Subdued Confidence Amid Budget Pressures American shoppers and households have shown a persistent softness in their outlook, even as the broader economy continues to recover. Recent data indicate that consumer sentiment remains subdued, weighed down by ongoing budget concerns and a cautious approach to discretionary spending. While employment has improved and wages have inched…