Goldman Maps Retailer Exposure To Working-Poor Consumers As Gas Soars

Goldman Maps Retailer Exposure To Working-Poor Consumers As Gas Soars With the nationwide average gasoline price accelerating above the politically sensitive $4-per-gallon level, and the consumer backdrop for low-income households darkening, Goldman analysts published a note on Wednesday identifying which big-box retailers have the greatest exposure to working-poor households. "Our economists expect spending headwinds from higher inflation to weigh on growth for the rest of the ...

By Tyler Durden