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☆ Yσɠƚԋσʂ ☆@lemmygrad.ml to news@hexbear.netEnglish · 3 days ago

Consumers in the top 10% of the income distribution accounted for 49.2% of total US spending in Q2, up from 48.5% in Q1, reaching the highest level in data going back to 1989

www.bloomberg.com

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Consumers in the top 10% of the income distribution accounted for 49.2% of total US spending in Q2, up from 48.5% in Q1, reaching the highest level in data going back to 1989

www.bloomberg.com

☆ Yσɠƚԋσʂ ☆@lemmygrad.ml to news@hexbear.netEnglish · 3 days ago
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Top 10% of Earners Drive a Growing Share of US Consumer Spending
www.bloomberg.com
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Wealthy consumers continue to account for a growing share of US consumer spending, highlighting the lopsided strength of the economy as a slowdown in hiring and wariness among other income cohorts raise fears of a slowdown.

https://archive.ph/SmN9t

  • ☆ Yσɠƚԋσʂ ☆@lemmygrad.mlOP
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    3 days ago

    and if any negative numbers start surfacing you can always just stop reporting them

    • FloridaBoi [he/him]@hexbear.net
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      3 days ago

      Blame Biden

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