Despite Solid Economic Data, Skepticism Remains

According to recent surveys, American consumers’ moods dimmed in August. Tariff-related concerns weighed on respondents’ outlooks, with many anticipating higher unemployment and accelerating inflation in the months ahead. But feelings don’t predict action – as the Bureau of Economic Analysis’ (BEA’s) latest “Personal Income and Outlays” report shows. How the latest personal consumption expenditures (PCE) […]
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