Consumer Sentiment Rises, Low-Wage Workers Struggle, and Holiday Spending Concerns

Consumer companies rise as muted inflation data raises hopes for improved consumer sentiment and affordable housing. Low-wage workers experience weakening leverage and slower wage growth, impacting consumer spending. Retail sales data shows mindful consumer spending due to concerns about inflation and student loan payments. Despite strong job and retail sales data, concerns remain about the economy's health. US consumers may struggle to afford the holiday season due to high inflation and rising interest rates.