The Restaurant Revival: 7 Stocks Poised to Feast on Increasing Consumer Spending
After a slowdown in the economy and a dip in consumer spending, there is expected to be a rise in retail and consumer spending this year. Inflation is cooling, and we have been promised a rate cut later in the year. An improvement in macroeconomic conditions means higher consumer spending. Once the interest rates come down, mortgages and auto loans will become cheaper, allowing consumers to make discretionary purchases. This will directly impact restaurant stocks. The warm summer days will be here soon, the ...