Consumer Companies Rise as Low-Wage Workers Face Wage Pressures

Consumer companies rise after muted inflation data, while low-wage workers experience weakening leverage and slower wage growth. Retail sales data shows mindful consumer spending due to concerns about inflation and student loan payments. Despite recent strong job and retail sales data, concerns remain about the economy's health and the potential impact of economic activity driven by stimulus. US consumers may struggle to afford the holiday season due to high inflation, rising interest rates, and economic pressures.