Is the American consumer market signaling trouble? CEOs of several major companies are sounding alarms: low-income groups' "wallets are running empty."
Zhitong Finance APP has learned that for many years, American consumers have been the backbone of economic resilience. Even with high inflation, rising borrowing costs, and continuous increases in daily expenses, household budgets have still managed to hold up. However, recently, leaders of several major companies have voiced concerns, warning that this consumption momentum may be approaching a critical point.
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