Tag Archives: Consumer

Consumer sentiment collapses but housing dreams hold up

Consumer sentiment collapses but housing dreams hold up

People's view of the economy for the next 12 months recorded a significant decline, slumping 14 per cent in July to 25 per cent below the pre-COVID-19 levels. This compares to a 40 per cent drop during the first wave of the virus in March-April.Even more concerning is the view on the economy over the…

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