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House Budget Committee Chairman Arrington Consumer Confidence Wanes for Second Consecutive Month, Fears of Looming Recession Continue to Grow
May 29, 2024
WASHINGTON, May 29 -- Rep. Jodey Arrington, R-Texas, chairman of the House Budget Committee, issued the following news release on May 28, 2024:

Today, the Conference Board released its report entitled, "Confidence Ticks Up after Three Straight Declines but Consumers Remain Anxious about the Future," evaluating Consumer Confidence for May 2024. The report described Consumers' perceived likelihood of a recession over the next 12 months rose for the second consecutive month i . . .

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