>>107052436 (OP)
UPS and FedEx are the ultimate canary for consumer spending. US consumers are buying less packages, so total units of items being bought by consumers is done.
However, 50% of consumer spending is done by the top 10%, in GDP terms, not in total units, ie rich people buy luxury items. Rich people are getting richer at such a fast rate that consumer spending is still normal. AI is keeping wall street alive, for now.
Companies that cater to the middle class and poor are going to struggle the most, especially those that sell real units of goods can't necessarily rent seek (restaurants, food, everyday stables, tourism/vacation industry).