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Agency: U.S. consumer optimism appears vulnerable to political factors
Oliver Allen, analyst at Pantheon Macroeconomics, said in a report that the rise in US consumer confidence could be attributed to the ebb and flow of political momentum and might not last long. A survey released by the Conference Board showed that consumer confidence rose more than expected this month, with consumers expressing a more positive view of the current situation and future conditions. But Allen believes that confidence is closely related to political trends...
2024-08-27 15:36:31
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