For example, on American Express 's ( AXP 1.17% ) earnings call on Friday, July 22nd, CEO Stephen Squeri reported that billed business was up 30% thanks to a "vigorous rebound in travel and entertainment spending." A strong consumer looking to spend on dining and entertainment certainly bodes well for Ruth's. Because of its business at the heart of commerce, American Express has a good read on the consumer, and Squeri reported that he didn't see any "significant signs of stress" in American Express' customer base.