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Consumer Confidence Rises as Lower-Income Pressures Persist

Yelena Shulyatyeva discusses the rebound in consumer confidence, but cautions that one month does not signal a turnaround as households remain pressured by high gas, food and borrowing costs. She highlights the divide between resilient spending and struggling lower-income consumers, signs of improvement in goods-sector hiring and confidence among younger consumers, and how the AI investment boom could be supporting job opportunities.

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