Despite Slumping Sentiment & Lower Gas Prices, The American Consumer Is Still Spending Strongly
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Source: Zero Hedge
Published: 2026-07-16 22:38 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Business, Energy, Tax & Budget
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Snippet:
While headline spend at gas stations is expected to decline (due to tumbling pump prices), BofA's almost omniscient analysts forecast a stronger than consensus print for today's US Retail Sales data.
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