In October ****, the US Consumer Confidence Index dropped to **.* due to rising prices and recession fears.
This decrease reflects growing consumer pessimism and reluctance to spend, amidst higher inflation rates.
Apparel imports have been affected, with a significant percentage not benefitting from FTAs.
The increase in duties has led to higher costs.
In October ****, the US Consumer Confidence Index dropped to ***.* due to rising prices and recession fears.
This decrease reflects growing consumer pessimism and reluctance to spend, amidst higher inflation rates.
Apparel imports have been affected, with a significant percentage not benefitting from FTAs.
The increase in duties has led to higher costs.
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