✉news BusinessRetail first seen 2 h ago, last 20 min ago, peak #37
US consumer spending and the K-shaped economy
Discussion of US consumer spending is centering on the idea of a 'K-shaped' economy, in which higher-income households keep spending strongly while lower-income households cut back as prices and borrowing costs strain budgets. Analysts, including PwC, are weighing what that divergence means for retailers and the broader economic outlook.
Why now: Fresh analysis of diverging consumer behaviour between wealthy and lower-income Americans is drawing attention amid ongoing concerns about inflation and economic inequality.
Rank over time, top of the chart is #1. 3 snapshots from 2 h ago to 20 min ago.
Evidence
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