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Disappointed Consumers Temper U.S. Economy’s Main Growth Engine

  • Economists already reducing consumer spending forecasts
  • Delta, inflation worries compounded by Biden tumble in polls
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Consumer Sentiment Slumps on Lingering Delta Variant Concerns

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American consumers’ hopes of completely and quickly escaping the clutches of Covid-19 have been dashed by a more contagious variant, renewed mask mandates and uncertainty surrounding in-person returns to schools.