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Consumer Confidence Drops Amid Rising Costs | Salt Lake City News
Consumer confidence hit its third-lowest level in a year, driven by soaring gas prices and Middle East tensions—despite a surprisingly strong economy with peak employment and solid incomes. Worries about energy costs and supply chain disruptions are weighing on sentiment, with three straight months of declining views on the current outlook. Younger consumers remain the most confident, while middle-aged earners saw the biggest gains. With elections looming, gas prices are a major voter concern—making consumer sentiment a crucial political factor. Listen in comfort:Get a discount on a Soli…
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