Conservative
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I'm no economist but I'd put this as consumer confidence falling after all the post holiday layoffs in tech finally went through. A very slight downward trend in confidence compared to the very slight optimism of the last 3 months. The unemployment rate and inflation rates have held steady so i think numbers will bounce back next month as it doesn't seem to be based on actual market conditions.
I don’t think they will. Companies are going gang busters with layoffs. The real question is why when sales, etc seem fine. I think it’s to push people back to the office but I could be wrong.