US Consumer Confidence Up But Consumer Spending Down
May 31st, 2010. Published under Economic News. No Comments.
This is not a comedy of errors, but a real life scenario, where the Consumer Board survey suggested a strengthening of the consumer confidence in November, but US GDP growth took a beating on the back of constrained consumer spending. While, suggesting stronger consumer confidence for November, the Conference Board also suggested that US consumers continue
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US Consumer Confidence Up But Consumer Spending Down