In a recent report by The Wall Street Journal, researchers note that prices are falling, a sign of deflation, but it’s not affecting all sectors of the economy just yet. In the U.S., deflated prices are particularly affecting the markets for used cars, furniture, and appliances. The report, discussed by journalist David Harrison on CBS News, provides insights into this selective deflation, emphasizing that it is not indicative of a comprehensive economic shift. Consumers eyeing durable goods, such as used cars or furniture, might find this news favorable. The reasons behind these shifts in the used car, furniture, and appliance…
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