People feel worse about the state of the U.S. economy but slightly better about their personal finances compared to a year ago, despite a strong economy.
Negative sentiments about the economy, although not always reflecting current reality, could signal unseen issues and influence economic behaviors.
Perceptions about the economy are influenced by backgrounds, personality traits, exposure to information, and various other factors.
Consumer spending, a sign of confidence, has continued post-pandemic, contrasting with negative sentiment. This sentiment could lead to impactful economic changes.
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