Global Data Pod Research Rap: Health of the US consumer

Michael Hanson, Dan Silver, and Murat Tasci discuss the health of the US consumer. Recent benchmark GDP revisions imply more excess saving while liquid asset holdings and net worth have surged since the pandemic began. These should cushion US households against recent headwinds, and support our call for a continued, if soft, expansion next year. Speakers: Michael Hanson Daniel Silver Murat Tasci This podcast was recorded on 12 October 2023. This communication is provided for information purposes only. Institutional clients can view the related report at www.jpmm.com/research/content/GPS-4528206-0 for more information; please visit www.jpmm.com/research/disclosures for important disclosures. © 2023 JPMorgan Chase & Co. All rights reserved.