America In Focus: consumers still gloomy about economy; US hiring falls in June - AP News
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- AP News reported US consumers remain gloomy about the economy while US hiring fell in June.
- Silver Bulletin questioned whether the gap between poor sentiment and economic data — dubbed the "vibecession" — is real, as The New York Times found Americans starting to feel better amid falling gas prices.
Why it matters: June hiring slowed and consumers stayed gloomy per AP, but NYT found Americans improving in mood as gas prices fell, highlighting the gap between hard data and sentiment surveys that Silver Bulletin dubbed the "vibecession."
