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Stock impact report

Spending Soars: 5 Consumer Discretionary Stocks With the Most Upside [Yahoo! Finance]

Interface, Inc. (TILE) 
Last interface, inc. earnings: 2/26 05:30 am Check Earnings Report
US:NASDAQ Investor Relations: interfaceglobal.com/investor-relations.aspx
Company Research Source: Yahoo! Finance
The increase in spending was also prompted by a rise in personal income and wages. Given this situation, it would be ideal to invest in consumer discretionary stocks like Interface, Inc. TILE, Reservoir Media, Inc. RSVR, Stride, Inc. LRN, Kontoor Brands, Inc. KTB and Royal Caribbean Cruises Ltd. RCL. Consumer Spending, Personal Income Rise On Friday, the Commerce Department reported that consumer spending increased 0.5% in July, after advancing 0.3% in June. July's jump was in line with the consensus estimate. When adjusted for inflation, consumer spending rose by 0.4% in July from 0.3% the month before. Consumers showed solid spending on both goods and services, with notable increases in motor vehicles and parts. Expenditures also grew on housing and utilities, recreational services, and food and beverages. This rise in spending was supported by a 0.3% increase in personal income in July, up from a 0.2% increase in June. Wages also saw a 0.3% increase in July, following a 0 Show less Read more
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