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Sentiment among small-business owners hit its lowest level in 30 months in November, according to a new survey of small businesses across the country.
Economic growth expanded at a 5.2% seasonally adjusted annual rate in the third quarter of this year, the strongest growth since the pandemic rebound and, before that, 2014.
Consumer sentiment fell in November and expectations for inflation rose, a sign that consumers are not feeling great about the economy.
Seasonal hiring for the holiday season will likely be slower than last year, a potential sign that the labor market is beginning to cool off as the Federal Reserve keeps interest rates high.
Business conditions in the United States are beginning to weaken, according to a new survey of more than four dozen of the country’s leading business economists.