US Consumer Spending Faces Challenges Amidst Economic Slowdown
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#1cee2c6f ver:0.17
US consumer spending faces challenges amidst economic slowdown as February spending remains flat, inflation increases, and consumer sentiment slightly decreases. Nonfarm payrolls rise, but unemployment rate and wages show minimal growth. Credit unions see increased transaction volume, but aggregate portfolio balances fall. Inflation impacts grocery spend, while credit card delinquency rates rise. Rising incomes and low inflation may help avoid a consumer crunch. #ConsumerSpending #EconomicSlowdown #Inflation #Unemployment #CreditUnions...
#newstr #UsEconomy #ConsumerSpending #Inflation #RetailSales #CreditCards #DelinquencyRates
https://here.news/story/1cee2c6f?ver=0.17
US Consumer Spending Faces Challenges Amidst Economic Slowdown /
npub162…tt6ga
2024-06-10 02:59:22
Author Public Key
npub162vjrk0v6y7tquy8r7vtxhef40se3cajqeg46400xxx6t32e3syqqtt6gaPublished at
2024-06-10 02:59:22Event JSON
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"content": "US Consumer Spending Faces Challenges Amidst Economic Slowdown\n===============\t\n#1cee2c6f ver:0.17\n\nUS consumer spending faces challenges amidst economic slowdown as February spending remains flat, inflation increases, and consumer sentiment slightly decreases. Nonfarm payrolls rise, but unemployment rate and wages show minimal growth. Credit unions see increased transaction volume, but aggregate portfolio balances fall. Inflation impacts grocery spend, while credit card delinquency rates rise. Rising incomes and low inflation may help avoid a consumer crunch. #ConsumerSpending #EconomicSlowdown #Inflation #Unemployment #CreditUnions...\n\n#newstr #UsEconomy #ConsumerSpending #Inflation #RetailSales #CreditCards #DelinquencyRates \n\n https://here.news/story/1cee2c6f?ver=0.17",
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