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Consumer Confidence Rises Amid Rising Gas Prices | US News
Published 1 week, 4 days ago
Description
Consumer confidence in the U.S. surged in July to its highest level in five months, fueled by a broad, unexpected optimism across age, income, and political lines — but that glow may fade fast as Middle East tensions drive up gas prices and threaten to undo the gains. Inflation expectations dipped slightly, yet remain stubbornly high, hinting at a fragile economic mood.
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