🚨 Government Shutdown Hits Americans’ Wallets 💸 The ongoi
Crypto Market Vibe1
Updated at: 3 hours ago
{"content":"🚨 Government Shutdown Hits Americans’ Wallets 💸
The ongoing U.S. government shutdown is taking a real toll on consumer behavior. A new Redfin survey shows 17% of Americans are delaying major purchases like homes or cars, while 7% have canceled big spending plans altogether.
Federal workers and contractors are hit hardest — many are furloughed or working without pay, cutting straight into disposable income. 😔
📉 Key Stats:
• 40% of Americans are deferring or canceling major buys due to job fears
• 37% feel less secure about their jobs than earlier this year
• Inflation + labor market slowdown = weaker consumer confidence
Experts warn that a prolonged shutdown could drag down consumer spending — the engine of the U.S. economy — and lead to broader growth risks and layoffs, especially in regions tied to federal jobs.
America’s economic mood is fragile, and fiscal gridlock isn’t helping. 🏦
#USEconomy #GovernmentShutdown #ConsumerConfidence $USDC
{future}(USDCUSDT)
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