Business & Economy · 4 views
Early third-quarter earnings show a 'resilient' U.S. consumer, with signs of strain
That's the early read on U.S. consumers from various companies that released their results this week. Many businesses say Americans are still spending despite inflationary pressures, though not every company has enjoyed the same success.
Summary
That's the early read on U.S. consumers from various companies that released their results this week. Many businesses say Americans are still spending despite inflationary pressures, though not every company has enjoyed the same success. The commentary comes amid fears that diesel fuel prices, which hit an all-time high of $6.52 per gallon in September, would drive up prices on consumer products .
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