#US #consumer confidence slips to 6-month low; worries over #job availability rising

The Conference Board survey on Tuesday also confirmed what economists describe as a K-shaped #economy, with confidence declining among #consumers making an annual income of <$75,000, but consumers earning >$200,000 a year more upbeat. Economists argue that high-income households are keeping the economy afloat through robust consumer spending.

#Trump #plutocracy
https://www.reuters.com/world/us/us-consumer-confidence-slips-october-worries-over-jobs-persist-2025-10-28/?utm_source=braze&utm_medium=notifications&utm_campaign=2025_engagement