“The resilience of the consumer really shines through in this data.”
“Consumer spending has been surprisingly resilient, and I don't expect any kind of a drop-off. But, at the same time, this is a softer report than we've been expecting, given retail sales in April.”
“There's been continued resilience among consumers. And manufacturers are having to produce things to meet that demand.”
“There's a fair amount of resilience in the consumer.”
“Once again, we see clear evidence of a consumer that is generally resilient and comfortable with their financial position.”
“The American consumer has been particularly resilient over the last year plus, ... They're finding ways to spend.”
“Domestic demand is incredibly resilient now. With consumers set to increase spending now that deflation concerns are fading, the Bank of Japan may raise rates by 25 basis points as soon as October.”
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