Catherine Black

They're being more social than ever, and they're prioritizing that, and they're spending money when they do it.

Though even if February was a bright spot, she says, With March and the level of uncertainty, I don't know that it's a sustained bright spot.

We'll have to wait and see.

Take the war in Iran, for example.

While consumers are feeling the effects immediately in gas prices, they might not see other impacts until the second quarter and beyond, according to Rick Miller at Big Chalk Analytics.