Low Energy
The Wall Street Journal reported in its Sept. 3 edition that the gap in confidence between high-earners and low-earners “is now the widest it has been in the seven years of tracking the data.” The newspaper said that, for this nation’s middle class, this summer has been one of cooling confidence, with consumer sentiment dropping nearly 6% in August. If that “confidence dive” continues, 2025’s end-of-year holidays could prove dismal for retailers, not only somewhere else but here in the Southern Alleghenies region as well. Black Friday, already a skeleton of its former ...