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Consumer confidence slumps under Trumponomics, data shows
American citizens elected President Donald Trump into office this past November, hoping for lower prices on goods and reduced inflation.
However, these economic priorities haven't appeared to be the primary focus since Trump took office, resulting in consumer confidence levels under the Trump administration falling below those seen during the Biden administration.
Yahoo Finance Senior Columnist Rick Newman examines the factors driving this unexpected decline in consumer confidence under Trumponomics.
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This post was written by Angel Smith
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