Wealthiest 10% of Americans Drive Bulk of Consumer Spending
pymnts.com/consumer-finance/2025/wealthiest-10-of-americans-drive-bulk-of-consumer-spending
While many Americans are cutting back, their wealthier neighbors are spending freely.
As the Wall Street Journal (WSJ) reported late Sunday (Feb. 23), the top 10% of earners — households making at least $250,000 per year — are shelling out cash for things like vacations and luxury goods.…
This story appeared on pymnts.com, 2025-02-24 11:56:03.