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Consumer Spending Declines: Retail Giants Brace for Winter

11/19/2025

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Summary

Story summary

Consumer spending is declining, affecting major retailers like The Home Depot and McDonald's.
The Home Depot reports a 0.2% rise in Quarter 3 (Q3) comparable sales.
Decker attributes the small gain to consumer uncertainty.
McDonald's CEO Chris Kempczinski notes higher-income diners are choosing cheaper meals.
Analysts warn the economy may face a challenging winter due to rising layoffs, inflation expectations, and high borrowing costs.

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Story summary

Consumer spending is declining, affecting major retailers like The Home Depot and McDonald's.
The Home Depot reports a 0.2% rise in Quarter 3 (Q3) comparable sales.
Decker attributes the small gain to consumer uncertainty.
McDonald's CEO Chris Kempczinski notes higher-income diners are choosing cheaper meals.
Analysts warn the economy may face a challenging winter due to rising layoffs, inflation expectations, and high borrowing costs.