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Consumer Confidence Crashes Amid Rising Costs | Dayton News
Consumer confidence plummets in July to its lowest since 2014, fueled by Middle East tensions, soaring gas prices, and inflation—despite a strong economy and low unemployment. The Conference Board reports a three-month slide in current outlooks, with worries centered on costs and energy. Younger consumers and higher-income groups remain more optimistic, but rising living expenses weigh heavily on many. Gas prices are a key anxiety trigger, and with the economy top of voters’ minds, this could reshape the midterm elections—potentially handing Democrats momentum as the incumbent party typically…
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