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Rising costs are hitting Americans the hardest in these states. May Na Phatthalung / Shutterstock.com
After a tumultuous year marked by high interest rates, inflation, and multiple rounds of layoffs, many economists had pessimistic forecasts for 2023, some all but guaranteeing a recession. Despite interest rates reaching a 22-year high at the end of 2023, the U.S. economy defied expectations and continued to grow. According to the Bureau of Economic Analysis, consumer spending was a significant…
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