A man walks past a Reebok display at the Walmart Supercenter in North Bergen, N.J., on Thursday, Feb. 9, 2023. Defying high inflation and sharp interest rate hikes, Americans keep spending — a trend that, if sustained, could keep the economy humming just enough to help avoid a much-predicted recession. (AP Photo/Eduardo Munoz Alvarez)
February 19, 2023
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February 19, 2023 2 a.m.
Cautious but steady consumers buoying hopes for US economy
Defying high inflation and sharp interest rate hikes, Americans keep spending — a trend that, if sustained, could keep the economy humming just enough to help avoid a much-predicted recession.