The US consumer isn’t in trouble. Here are 5 stats that show Americans will be fine even amid dwindling savings and student loan payments.

• The US consumer is doing just fine, and their resilient spending habits should help stave off a recession.
• That’s true even amid concerns of dwindling excess savings and the imminent resumption of student loan payments.
• These five charts help show just how resilient the US consumer is despite fears of a recession.

The US consumer is doing just fine as they continue to spend money despite elevated inflation and ongoing fears that a recession will soon hit the economy.

Despite some commentators sounding the alarm, the US consumer isn’t in imminent financial trouble because of dwindling excess savings from the COVID-19 pandemic on top of student loan payments set to kick in again later this year.