Consumers Prop Up the Economy. They’re Showing Signs of Strain.
https://www.nytimes.com/interactive/2025/05/15/business/economy/us-economy-recession-consumer-spending.html
The U.S. consumer has seemed unstoppable in recent years, spending throughout soaring inflation and the highest borrowing costs in decades. That resilience helped to keep at bay a recession that many thought inevitable after the pandemic.
https://www.nytimes.com/interactive/2025/05/15/business/economy/us-economy-recession-consumer-spending.html
The U.S. consumer has seemed unstoppable in recent years, spending throughout soaring inflation and the highest borrowing costs in decades. That resilience helped to keep at bay a recession that many thought inevitable after the pandemic.