Confidence Holds as Prices Bite
from Fresno News Today | 2 Min News | The Daily News Now!
Consumer confidence held steady in May despite rising prices, thanks to strong job markets that kept layoffs low and hiring opportunities plentiful. While two-thirds of Americans are cutting back—mostly on non-essentials like clothes and hobbies—economists don’t expect a recession. Gas prices could tighten things during summer driving season, but optimism remains, especially among Republicans and middle-aged consumers, while younger and older groups saw slight dips. Support the show: Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN: [email protected] This is an automated, high-level news summary based on public reporting. Report issues to [email protected]. View sources & latest updates: https://sources.thednn.ai/8e19d6efc25a8978
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