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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

43,605 Aufrufe • vor 1 Jahr •via X (Twitter)

7 Kommentare

Profilbild von Mike
Mikevor 1 Jahr

Wow

Profilbild von windywoo
windywoovor 1 Jahr

Was it really unexpected?

Profilbild von Christopher Barboza
Christopher Barbozavor 1 Jahr

Are we great yet or what guys

Profilbild von Ricardo Ramirez
Ricardo Ramirezvor 1 Jahr

Unexpectedly…

Profilbild von Rich Hamilton Jr
Rich Hamilton Jrvor 1 Jahr

Who cares?! $SPY at ath.

Profilbild von Orwell’s Ghost
Orwell’s Ghostvor 1 Jahr

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

Profilbild von Alva
Alvavor 1 Jahr

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?

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