Homrich & Berg flags 37% diesel jump as new headwind for US consumer, retail earnings estimates

Bitget2026/09/24 13:52

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Homrich & Berg flagged surging fuel costs as a growing headwind for the US consumer, with spillovers into select S&P 500 industries.
US average diesel is up nearly 37% since early July. Unleaded gas has risen more than 18% over the same period.
Headline S&P 500 earnings growth forecasts held steady, though more than half of industries saw 3Q cuts since early July.
Downward revisions concentrated in consumer staples, consumer discretionary, parts of industrials, with transports also weakening as diesel climbed.
Retailers look most exposed, with consumer discretionary retail and distribution the most negatively correlated to annual diesel changes since 2009.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Homrich & Berg Inc published the original content used to generate this news brief on September 24, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Homrich & Berg flags 37% diesel jump as new headwind for US consumer, retail earnings estimates

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