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U.S. consumer sentiment hit a three-and-a-half-year low in early November due to the longest government shutdown in history, disrupting services and raising economic fears.
U.S. consumer sentiment fell to a three-and-a-half-year low in early November amid the longest government shutdown in history, disrupting federal services, delaying flights, and threatening food aid for 42 million people.
The shutdown has fueled economic anxiety nationwide, with businesses and households bracing for impacts, while Wall Street worries over New York City’s new mayor-elect’s progressive policies.
The Federal Reserve weighs a potential final rate cut amid internal divisions, and Amazon plans up to 30,000 job cuts.
Meanwhile, U.S.-China trade talks advance, with hopes for a high-level meeting between Trump and Xi Jinping.
El sentimiento del consumidor estadounidense alcanzó un mínimo de tres años y medio a principios de noviembre debido al cierre gubernamental más largo de la historia, que interrumpió los servicios y aumentó los temores económicos.