Consumer Resilience

Consumer resilience means consumers continue spending even when the economy faces pressure. In simple terms, it shows that people are still buying goods and services despite challenges like high prices or high interest rates. Consumer resilience is important because strong consumer spending can support the economy during difficult periods. If consumers remain resilient, businesses may keep earning revenue even when financial conditions are tight. For example, if households keep spending on travel, restaurants, and retail goods despite inflation, analysts may say consumers are resilient.