Are consumers cracking under the weight of inflation?
Home Depot, Lowe’s, Walmart and Target report earnings this week, offering a clear picture of how consumers are faring amid inflation and high energy costs.
Four of America’s largest retailers will report their quarterly earnings this week, and the most pressing question the reports will answer is whether Americans are finally starting to buckle under the weight of rising prices.
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The results from Home Depot, Lowe’s, Walmart and Target are expected to offer one of the clearest snapshots yet of how U.S. households are navigating an economy increasingly under strain from soaring gas prices, stubborn inflation and elevated borrowing costs.
The stakes are especially high as rising energy prices continue to ripple through the broader economy, driving up transportation, grocery and household costs when many consumers are already stretched thin.
https://www.nbcnews.com/business/consumer/home-depot-earnings-walmart-inflation-rcna345368
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