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Economy’s Slow Recovery at the Pump | Business and Finance News

Economy’s Slow Recovery at the Pump | Business and Finance News

Published 2 days, 8 hours ago
Description

Consumer confidence edged up in June thanks to falling gas prices, hitting 91.2—still far below pre-pandemic levels. The drop in fuel costs, from over $4.50 to around $3.85, is offering a small economic lifeline, even as inflation and lingering uncertainty keep people cautious. Surprisingly, despite gloom, spending continues—proof that wallets and wallets don’t always match feelings anymore.

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