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US consumer spending unexpectedly fell in May, marking the second decline in consumer spending this year. A report from the US Commerce Department out Friday showed consumer spending dipped 0.1% last month
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7 Kommentare

Wow

Was it really unexpected?

Are we great yet or what guys

Unexpectedly…

Who cares?! $SPY at ath.

Unexpectedly??? With the total and complete clown circus of economic incompetence ??

US consumers are tightening up as confidence bottoms out and paychecks barely stretch, driving caution at the register and a pullback on big-ticket buys. Debt pressures are rising fast—student loan delinquencies and thin cash reserves mean wallets stay closed, keeping spending weak and businesses on edge. If this cuts deeper, expect negative feedback loops: less spending hits corporate revenues, spurs layoffs, and risks GDP sliding as sectors like housing and autos chill out. Want the latest on how this cycle could fuel a broader recession or impact the macro trade?



