Consumers anticipated that higher interest rates will ultimately slow the overall pace of economic growth.
Consumers anticipated that higher interest rates will ultimately slow the overall pace of economic growth.
The loss in people's sense of personal security was linked to the decline in consumer confidence. Unlike other assessments of economic risks, these fears represent a significant threat to the usual functioning of the economy.
A majority of households now expect an economic downturn and bad financial times by the end of this year.
© 2020 Inspirational Stories
© 2020 Inspirational Stories