Americans' Spending Persists Despite Rising Prices and Low Sentiment
TL;DR Summary
Americans' confidence in the economy has declined due to concerns over rising prices and a weakening labor market, with consumer sentiment dropping to its lowest since May and increased worries about inflation and personal finances, despite recent spending increases and a stable unemployment rate.
- American Fears Deepen Over Rising Prices Forbes
- Consumer sentiment is back to near-record lows. But Americans are still spending. Here’s why CNN
- Where's the prosperity? Middle class Americans aren't feeling it. USA Today
- US Consumer Sentiment Falls to Four-Month Low on Income Worries Bloomberg.com
- Tariff policy 'highly salient,' remains drag on mood of inflation-weary consumers KOMO
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