Consumer spending weakens as economic uncertainty rises

Shoppers wait in a line at a Costco wholesale store in Orlando, Florida.

Paul Hennessey | Sopa Pictures | Light flare | Getty Images

U.S. consumers continue to limit spending amid growing concerns about the health of the U.S. economy, putting further pressure on the retail sector. With growing economic uncertainty surrounding interest rates, inflation, and a possible looming recession, we’re sticking with retail holdings like TJX Companies and Costco Wholesale that offer both quality and value to shoppers.


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