Consumer Spending Holds Up

Despite inflationary pressures, consumer spending remains surprisingly strong. Retail sales data shows shoppers are prioritizing experiences, travel, and essential goods while cutting back on discretionary items. E‑commerce continues to grow as digital convenience becomes the norm. Analysts say the labor market’s strength is helping support household budgets, though rising debt levels are a concern. Investors are watching retail stocks closely as companies adjust pricing strategies and inventory levels. The next few months will reveal whether spending can stay resilient.