{
Larry Joe Wadford

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rising living costs and job market concerns threaten consumer spending resilience

U.S. consumers are increasingly pressured by rising living costs, particularly in housing, which has seen an 11% increase for lower-income households. While overall consumer spending remains stable, financial challenges are mounting, especially for those with tighter budgets, as discretionary spending shows signs of decline.
Yahoo Finance
United States Dollar Bank of America Corporation USA Larry Joe Wadford
Finance & Economy, Market Report
11:46 22.03.2025

rising living costs and job market fears threaten us consumer spending

U.S. consumers are increasingly pressured by rising living costs, particularly in housing, which disproportionately affects lower-income households. While overall consumer spending remains stable, fears of job loss and a weakening labor market are emerging, potentially impacting discretionary spending. The unemployment rate has risen to 4.1%, with many consumers expecting further deterioration in job security over the next year.
in.benzinga.com/25/03/44420778/us-consumers-face-risks-as-rising-cost-of-living-job-market-cracks-threaten-spending-bank-of-america-warns
United States Dollar Booking Holdings Inc. Amazon.com, Inc. USA Larry Joe Wadford
Finance & Economy, Market Report
17:17 20.03.2025
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