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US consumers' expectations about personal finances over the next year have dropped to the lowest on record.
The index of financial situation expectations is 8% below the lowest level seen during the 2008 Financial Crisis.
In other words, not even the most severe recession since the Great Depression of the 1930s saw such pessimistic views.
Americans’ outlook has sharply deteriorated as uncertainty in the economy and financial markets has risen.
This, in turn, may significantly impact consumer spending which accounts for over 66% of US GDP.
Americans have rarely been so pessimistic about their finances.
I’d like to thank God for blessing me with the ability to play the sport that inspires me and for giving me the opportunity to play at the next level. I would like to announce that I will be continuing my future at
🐺Colorado State University Pueblo🐺
#Committted@Ck2Sports
#AGTG I’m excited to say that I’ve decided to commit to Sam Houston State University to continue my track and field and academic careers!🔒🐾 #EatEmUpKats