Forecast Surprises, Successes and Slip-Ups
Moody's Talks - Inside Economics
00:00
The Resilience of Consumers
Consumers have hung in there. There's been more resilient. Why? I give a lot of credit to the balance sheets, right? The excess savings that we point to, or we have pointed to on the podcast. On top of that, you mentioned the job market. Wage growth has been strong. That certainly is another source of support, particularly for those households at the lower end,. which may have already exhausted most of their savings.
Transcript
Play full episode
