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Consumers Confident in Maintaining Current Spending Levels Despite Concerns About the Economy

A new survey by Discover® Card reveals 85 percent of U.S. adults will spend the same or more in June than they did last month despite concerns about the economy. Over 60 percent of consumers rate the economy as fair or poor these days, and 54 percent believe economic conditions will worsen over the next six months. The Discover Spending Confidence Monitor reveals that consumers’ more robust view of their personal finances versus the economy is helping drive their sustained spending.

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