U.S. Companies Delivered A Blockbuster Earnings Season. The Consumer Slowdown Hasn't Hit Profits Yet.

Source: International Business Times

S&P 500 companies are on track to report year-over-year earnings growth of 52% for the second quarter. AFP Corporate America is coming off one of its strongest profit quarters in years, with companies across retail, technology and manufacturing reporting higher earnings even as consumers contend with persistent inflation and signs of slowing spending. Profits from current production across U.