- Rising costs of goods and gas prices, coupled with income divides, are impacting consumer spending and stock market performance.
- Consumer confidence indices declined to record lows due to sustained high prices and inflation outpacing wage growth.
Consumer volatility and household income pressure are noted in key markets like Los Angeles and Houston.
1 report, 1 independent
Updated Aug 13
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What happened
Consumer volatility and household income pressure are noted in key markets like Los Angeles and Houston.
Who's involved
What this event is mainly aboutKeep exploring
The entities involved
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Denny's
restaurant chain
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Los Angeles
seat of Los Angeles County, and largest city in California, United States
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Houston
seat of Harris County, and largest city in State of Texas, United States
Coverage
Newest first; wire copies grouped- StockStoryThe Top 5 Analyst Questions From Denny's’s Q2 Earnings Call Denny’s faced a challenging second quarter as revenue and non-GAAP profit missed Wall Street expectations, prompting a negative market reac