Where to shop for opportunities in the retail sector

Demand for growth-oriented larger ticket discretionary purchases such as cars could also start to improve, including spending on items linked to currently depressed new home building sector. The recent past Over the past year, the economy has been growing well below average and unemployment has started to drift higher. A key reason has been a sharp slowing in consumer spending. We can see this in the comprehensive quarterly GDP data, which includes goods and services (including all the necessities like electricity, interest and healthcare). After surging by 6.6 per cent in 2022 driven by the post-pandemic rebound, consumer spending (adjusted…