The richest 10% of Americans now account for 50% of the country’s consumer spending while the bottom 60% account for just 20%.
The richest 10% of Americans now account for 50% of the country’s consumer spending while the bottom 60% account for just 20%.
https://www.bloomberg.com/news/articles/2025-02-28/wealthy-americans-fuel-half-of-us-economy-consumer-spending (https://archive.ph/bdJ04)