Consumer spending climbed gradually in April, with consumers boosting their purchases at online stores and spending more at restaurants and bars, demonstrating resilience in the face of growing headwinds. Retail sales in the United States increased 0.4% in April 2023.
So, investors could consider buying quality consumer stocks Henkel AG & Co. KGaA (HENKY), Shiseido Company, Limited (SSDOY) and Acme United Corporation (ACU).
