#inflation-concerns

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fromwww.ocregister.com
2 days ago

California consumer confidence plunges to 5-year low

California consumer confidence has plummeted to levels not seen since the pandemic's economic upheaval. My trusty spreadsheet's review of the Conference Board's Consumer Confidence Index for California found that shopper psyche plunged 16% in November from October. This pushed the measure down to a level last seen in December 2020. Much of the index's polling for this report took place before the 43-day shutdown ended on Nov. 12. This Golden State optimism tally is now 25% below its average since 2007.
California
US politics
fromBusiness Insider
6 months ago

The US and China reached a 90-day trade truce. Now begins the race to import stuff.

US and China agreed to suspend tariffs for 90 days to facilitate trade negotiations.
Experts expect a surge in US-China trade during this negotiation period.
US news
fromBusiness Matters
6 months ago

US and China agree 90-day tariff truce in bid to ease trade tensions

The US and China agreed to a 90-day suspension of punitive trade tariffs, potentially easing tensions between the two nations.
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