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Confidence vs Reality in the Economy | Salt Lake City News
Consumer confidence is waning, but don’t panic—recession isn’t guaranteed. Surveys like the Conference Board’s and University of Michigan’s paint different pictures, reflecting concerns over jobs, prices, and big-ticket spending. While inflation has cooled, lingering effects of higher rates and costs still weigh on households. Most Americans rate the economy as fair or poor, though sentiment’s slightly improved from earlier this year. But economists caution: surveys alone don’t tell the full story. Look beyond feelings to real data—job growth, inflation, consumer spending, housing, and GDP—to…
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