Uber CEO: We see no signs of consumer weakness

Why it matters: Anxious economic sentiment is everywhere despite evidence to the contrary.

By the numbers: Trips on Uber's platform during the fourth quarter of 2022 grew 19% from the same period in 2021 to 2.1 billion — an all-time quarterly high, roughly 23 million trips per day on average.

• Khosrowshahi also told analysts that Uber served its highest-ever average monthly mobility active platform consumers during the quarter, with over 100 million customers.

The big picture: Recession watch has become a global obsession as shades of "pandemic paranoia" restrain optimism.

• "Everyone's anticipating a slowdown, but hadn't seen proof of a slowdown yet," Becky Frankiewicz, president and chief commercial officer of ManpowerGroup NA, previously told Axios.

Go deeper

• "Pandemic paranoia" clouds economic reality
• If you’re wondering when a recession will arrive, pay attention to your own behavior