Households earning between $50,000 and $100,000 are trading down, cutting back and feeling increasingly strapped, while high earners keep on spending
Households with incomes between $50,000 and $100,000 are feeling financial pressure, opting to spend less and downgrade their purchases. In contrast, those with higher incomes continue to spend freely.
WPN Brief
Households with incomes between $50,000 and $100,000 are feeling financial pressure, opting to spend less and downgrade their purchases. In contrast, those with higher incomes continue to spend freely.
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