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U.S. consumer confidence weakens at the start of 2025

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Consumer confidence falls to a four-month low, but still range-bound longer term. Inflation expectations pick up. Durable goods orders decline, dragged down by Boeing. But core orders look better. Richmond Fed manufacturing activity showing signs of stabilization. Existing home prices still rising, although the y/y rate has normalized to pre-pandemic.

Ned Davis Research | Economics | Daily Economic Perspectives | Daily

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