In this insightful discussion, David Mericle, Chief US Economist, alongside consumer experts Kate McShane and Bonnie Herzog, dives into the resilience of US consumers amidst economic pressures. They analyze the impact of rising inflation on spending habits, highlighting the shift from discretionary purchases to essentials. The guests explore labor market stability and its connection to consumer strength, as well as how various income groups are adapting their shopping behaviors. Their expert insights provide a compelling look at the future of consumer spending.
