Consumer Spending Forecast 2025: Good Jobs And Savings Drive Growth

1. Consumer spending remains strong, driven by low unemployment and wage increases. 2. Personal consumption expenditures constitute 68% of GDP, indicating overall economic stability. 3. Inflation and potential tariffs may pressure discretionary spending in 2025. 4. Job growth continues at 1.4%, with inflation-adjusted disposable income rising 2.6%. 5. Risks include tariffs, international conflicts, but recession probability remains low.