Consumer Spending Shifts for 2H23: Services Cruising Through
July 13, 2023 at 08:00 AM EDT
Consumer spending has softened over the past few months. And many companies that depend on consumer spending — particularly those in the apparel and accessories industry — are forecasting a continued softening in the consumer in the second half of 2023. Despite strong brand recognition, companies like Levi’s (LEVI) and Nike (NKE) are among the [...] The post Consumer Spending Shifts for 2H23: Services Cruising Through appeared first on ETF Trends .