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Consumer Confidence Drops, Capital Spending Slows
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Canada's 2024 Capital Spending Decline
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Overview
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US consumer confidence declined in February, signaling concerns about the job market, economy, and inflation. Meanwhile, Canada expects a deceleration in capital spending in 2024, influenced by subdued sales outlooks and high interest rates.
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How could these economic trends influence global market dynamics?
How might the US address the challenges impacting consumer confidence?
What strategies can Canadian businesses adopt to navigate the deceleration in capital spending?
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