 Consumer spending may be easing a touch, but the National Retail Federation isn't worried that there's a collapse or anything in retail sales. It's just things are getting back to normal in the economy. If you look at lots of indicators, whether it's debts, delinquencies, savings rates, they're all sort of reverting to the mean, which is they're kind of back to pre-pandemic numbers, which I don't think is really a surprise that we were going to eventually have an economy that moderated and slowed down a bit.