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Gas Prices and Groceries Crush Confidence | Charleston News
Description
Consumer confidence plummets again as gas prices surge back to $4.10 a gallon, dashing June’s brief relief and fueling economic anxiety ahead of midterms. With food costs up 33% since 2019—ground beef now near $7 a pound—shoppers scramble to stretch budgets. Hiring stalls at 57K jobs, unemployment dips but hides discouraged workers. Global tensions, especially U.S.-Iran flare-ups, could soon reshape sentiment, making this economy’s mood more fragile than ever.
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