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UBS warns Mexico likely to suffer economic downturn in 2023 and forecasts 0.5% growth next year, citing above-average inflation and slowdown in remittances that could dampen household consumption, while upcoming US slowdown will be detrimental to Mexico
Published: December 01, 2022 by CE Noticias Financieras
US disposable personal income rose 0.7% in October, personal consumption expenditures up 0.8%; changes reflected increases in compensation and government social benefits: Dept. of Commerce
Published: December 01, 2022 by U.S. Dept. of Commerce
Michael Burry warns US economy faces downturn that could last several years and sees no way for authorities to end downturn early; trends of saving less, borrowing more and exhausting savings threaten to hammer consumer spending, erode corporate profits
Published: November 30, 2022 by Business Insider
Barclays downgrades Beyond Meat and Tyson Foods to underweight from equal weight, cuts target to US$10 and US$58, respectively, from US$13 and US$89; analyst says 'worst is yet to come' as consumers shift purchasing habits in favor of cheaper proteins
Published: November 30, 2022 by Investing.com
Michigan State Univ.: Consumers acting as if US already in recession, with patterns similar to those observed during 2009 financial crisis; survey subjects say they plan to spend US$700 this holiday season, down from US$880 in each of last three seasons
Published: November 29, 2022 by The Conversation

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