Far from being just another noisy headline, the current Capitol slugfest could soon affect Main Street if left unresolved. For many U.S. consumers, raising the debt ceiling is usually one of those pieces of legislation that just passes. But in a sign of living in...
May 28, 2023
The debt ceiling deal didn’t happen soon enough to prevent a decline in consumer confidence. While President Joe Biden announced Sunday (May 28) an agreement on the budget, the weekslong standoff over the debt ceiling helped cause consumer sentiment to decline, according to the University of Michigan’s Survey of Consumers. According to the report — released Friday (May […]
