ilmscore | Prediction Details
"consumer spending is slowing because real income growth is moderating and because some consumers are becoming credit constrained and elevated interest rates and Rising credit card utilization are slowing people down"
By Minority Mindset | June 19, 2024 | Pending
From video
Americans Are Running Out Of Money (Faster Than They Thought) 00:02:14 - 00:02:27
Interpreted Prediction
Consumer spending is moderating due to slower real income growth and consumers becoming credit constrained, with elevated interest rates and rising credit card utilization contributing to this slowdown.

Prediction Details

Topic
Consumer Spending Pace

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