✉news BusinessEconomy first seen 1 d ago, last 15 h ago, peak #18
High-income Americans keep spending despite shaky economy
Original: Here's how high-income Americans keep spending in a shaky economy
A new USA Today report examines how high-income Americans continue to spend robustly even as the broader economy shows signs of strain. Well-off households, cushioned by savings, investments and rising asset values, are less exposed to price pressures and job worries than lower-income consumers, and their continued spending is helping keep parts of the economy afloat. Commenters are weighing what this wealth-driven consumption means for the rest of the country.
Why now: Wealthy consumers' resilience contrasts with broader economic anxiety, making it a talking point about inequality and the economy.
USA Todayhigh-income Americans
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