Business confidence rises with strong profits, but consumers are getting more pessimistic - ABC News


8/9/2022 12:00:00 AM2 years 8 months ago
by ABC News

Business confidence has risen, but consumer confidence is still deteriorating and economists warn it could be a sign of things to come.

There is a stark difference in mood in the economy. Key points:

  • Consumers are deeply pessimistic, but still spending
  • Business confidence has improved
  • However, economists thi… [+6042 chars]

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