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Consumer Confidence Drops as Recession Fears Grow

Consumer outlook sinks as recession fears take hold

Consumer Outlook Deteriorates Amid Growing Recession Concerns Consumer confidence has been declining, according to some recent surveys. In numerous consumer sectors, and in anticipation of a potential recession due to climbing inflation, interest rates ebbing-and-flowing like the tide on non-guaranteed fixed-term deals and worldwide supply chain issues are causing palpable concern. Shifting Economic Landscape In more recent ...