Consumers are the heartbeat of the U.S. economy; their spending accounts for over 68% of America's economic output. Following all that money can lead you to some remarkable long-term investment ideas, and they're often brands you know and love.

These companies have years of growth and dividends on their resume, but have slipped due to fears that consumer spending is fading. High inflation is taking a toll on consumers, who are tightening their budgets and scrutinizing the dollars they spend.

Since consumers should eventually bounce back, it could be wise to scoop up these proven winners while they are on sale.

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Source Fool.com