Recession financial storm concept, tiny business person vector illustration. World economy recession and global market collapse risk. Business bankruptcy loss challenges and stock market crash arrow. Credit: VectorMine/Adobe Stock Credit: VectorMine/Adobe Stock.

Unless you’ve been living in a cabin in the wilderness with no electricity or internet, you’ll have noticed that consumers and businesses have had a lot to contend with this year, including supply chain delays, increasing costs for energy and materials, rising rents and interest rate hikes.

Given that backdrop, it’s no shocker that the dreaded R-word keeps coming up in discussions about the economy. But the good news is that, so far, U.S. consumers are still spending money, according to Ben Johnston, who’s COO of Kapitus, a business-to-business service based in New York.

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