Bloomberg Daybreak: Europe Edition cover image

Daybreak Weekend: US CPI, Europe Summer, Japan GDP

Bloomberg Daybreak: Europe Edition

CHAPTER

Shifting Consumer Spending in a Tough Economy

This chapter examines the challenges faced by U.S. consumers, highlighting the impact of high interest rates on big-ticket spending and the rise of smaller DIY projects. It analyzes changing spending patterns among different income groups, focusing on major retailers like Home Depot, Walmart, and Target.

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