Early third-quarter earnings show a ‘resilient’ U.S. consumer, with signs of strain
Summary
Initial third-quarter financial results indicate that American shoppers remain largely steady despite ongoing inflationary pressures. At the same time, major corporations report observing certain indicators of financial stress among their customer bases.
Companies from Royal Caribbean to Coca-Cola and UPS say they are seeing steady consumer spending despite high inflation.
Source: Read the full story at US Top News and Analysis
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