U.S. consumer confidence took a significant hit in February, recording its steepest monthly decline since August 2021.
The sharp drop signals a potential shift in Americans’ economic outlook after months of relative stability.
This unexpected downturn in consumer sentiment may influence Federal Reserve policy decisions and could have implications for consumer spending, which drives approximately 70% of U.S. economic activity.
Original Source: Yahoo Finance
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485 Lexington Avenue, Suite 304 New York, NY 10017
[email protected]
(888) 319-8166
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Past performance is no guarantee of future results. Any historical returns, expected returns, or probability projections may not reflect actual future performance. All investments, including precious metals, involve risk and may result in partial or total loss. No conclusion of any type or kind should be drawn regarding the future performance of investments offered or managed by us based upon the information presented herein. Performance information presented has been prepared internally (unless otherwise noted) and has not been audited or verified by a third party. Information on this page is based on information available to us as of the date of posting and we do not represent that it is accurate, complete or up to date. See our complete disclaimers for additional details.
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