Consumers Show Resilience

Benzinga - News
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Oct 28, 2026
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U.S. consumers continued spending in the third quarter
as companies reported resilient demand amid inflation,
higher fuel prices, and borrowing costs, according to CNBC.
Retail sales rose 0.8% in September,
following a 1.3% increase in August.
Coca-Cola CFO John Murphy said consumers
across income levels continue seeking value
after the beverage giant reported steady North American demand
and higher sales volume internationally.
Royal Caribbean reported strong consumer demand
as third-quarter guest volume rose 9% year-over-year,
while 2027 bookings increased by a percentage in the high teens,
outpacing historical levels.
UPS beat third-quarter earnings and revenue expectations
as U.S. revenue rose 4.5% to $14.86 billion.
CEO Carol Tomei cited resilient consumer demand
ahead of the holiday season,
but warned of lower domestic shipping volume
due to reduced Amazon deliveries.
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