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
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] full article...