Is the mighty US consumer faltering?
CNN
America's economy is driven by shoppers who shell out big money for items like iPhones, sofas and cars and experiences such as dining out. So when consumers start to feel less confident, economists and investors worry.
What's happening: Consumer sentiment in the United States has dropped to its worst level in a decade, according to a survey from the University of Michigan released last Friday, as shoppers fret about how high inflation is hitting their bank accounts.
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