# Home Depot, Lowe’s, Walmart and Target are expected to offer one of the clearest snapshots yet of how U.S. households are navigating an economy under strain.

*business · news · 2026-05-19 · NBC News*

## Key points

- Bank of America reports a 4.8% rise in household card spending in April, a three-year high.
- Lower- and middle-income consumers are cutting discretionary spending, while wealthy households maintain robust spending.
- The K-shaped economy divide has widened recently, driven by uneven spending and wealth effects.
- Kevin Warsh will be sworn in as Federal Reserve Chair Friday, facing stubborn inflation.
- Persistent inflation may force the Fed to keep interest rates higher for longer than anticipated.

**Companies:** Walmart, Home Depot, Lowe's, Target
**Countries:** United States

[Read the full story on NBC News](https://www.nbcnews.com/business/consumer/home-depot-earnings-walmart-inflation-rcna345368)

---

Canonical: https://newsio.io/n/0a7ade99-a490-4015-8071-66103bb6a012/home-depot-lowes-walmart-and-target-are-expected-to-offer-one-of-the-clearest-sn
Summarized by Newsio from NBC News. https://newsio.io/how-it-works