WSJ Your Money Briefing
Why the Consumer Confidence Engine Is Sputtering
Jan 31, 2023 · 9 min · Episode 1463 · 9.0 MB
0:00-9:21
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Despite a still-strong labor market, retail purchases have fallen in three of the past four months, and sales of autos and existing homes have fallen to their lowest levels in several years. WSJ economics reporter Harriet Torry joins host J.R. Whalen to discuss the substantial dropoff in consumer spending, and whether it likely means a recession is imminent.
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