Weakening US Consumer Spending Signals Economic Concerns

Reported about 15 hours ago

Recent data shows that US consumer spending has declined significantly, particularly in major purchases and new-home sales, indicating heightened uncertainty regarding the economy. The Federal Reserve remains cautious about interest rate cuts. Meanwhile, Europe sees minimal growth amid geopolitical tensions, and China's industrial profits are declining due to tariff pressures.

Source: YAHOO

View details

You may also interested in these wikis

Back to all Wikis