Summary
The US economy is grappling with a potential recession amid challenging conditions such as high inflation, supply chain issues, and the Russia-Ukraine war. Consumers report they are spending more on gas, groceries, and other energy services due to higher inflation rates. Retailers face declining profitability as they juggle supply chain issues, encounter higher transportation costs, and offload excess inventory by offering discounts. This report reviews Forrester data on consumer attitudes about the current US economy.
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