US consumers keep spending despite high prices and their own gloomy outlook Can it last

US consumers keep spending despite high prices and their own gloomy outlook Can it last

WASHINGTON — A flow of recent data from the U.S. government has made one thing strikingly clear: A surge in consumer spending is fueling strong growth, demonstrating a resilience that has confounded economists, Federal Reserve officials and even the sour sentiments that Americans themselves have expressed in opinion polls. Spending…Read More

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