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K-shaped economy

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    US consumer spending reveals a K-shaped economy●US consumer spending and the K-shaped economy✉newsBusinessRetail34 min ago

    Discussion is focusing on how US consumer spending is splitting into two tracks: higher-income households continue to spend freely, while lower-income households pull back under pressure from prices and borrowing costs. Analysts describe this divergence as a 'K-shaped economy', and retailers are watching the gap closely as it reshapes demand across sectors.