The US economy is now reliant on older Americans like never before:
— The Kobeissi Letter (@KobeissiLetter) February 19, 2026
Americans aged 55+ now represent 45.3% of all US consumer spending, the highest in at least 28 years.
This is nearly DOUBLE the ~28.0% seen in the early 2000s.
By comparison, those aged 54 and younger are down… pic.twitter.com/tK8IxHmekD