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2024-05-29 12:58:42
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US Consumer Confidence Rises in May Despite Inflation and Interest Rate Concerns
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#cc9ffa19 ver:1.02

US consumer confidence unexpectedly rises in May, driven by optimism about the labor market and improved views of current conditions. Despite concerns about inflation and interest rates, consumers are feeling better about the overall state of the economy. However, misconceptions about the economy persist among Americans. While concerns about a potential recession persist, consumers are still planning to spend on major household appliances. The rebound in consumer confidence is a positive sign for the US economy, but concerns about inflation remain. #ConsumerConfidence #US #Economy #Inflation #Recession...

#newstr #UsConsumerConfidence #Inflation #InterestRates #Economy #RetailSales #Recession #Misconceptions

https://here.news/story/cc9ffa19?ver=1.02
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