 Americans' pandemic savings are gone and the economy is bracing for impact. Delinquencies are on the rise. Executives are also flagging caution among shoppers in recent earnings calls. And retail sales barely increased in May after falling the month prior. Employers added 272,000 jobs in May, surpassing all economists' forecasts. And layoffs are low, but the pace of hiring has cooled and the unemployment rate has begun to edge higher.