The top 10% of Americans account for nearly half of consumer spending

morningbrew.com/stories/wealthy-americans-account-half-consumer-spending?utm_source=

While most US consumers are still sticking closely to their budgets, top earners are spending to make up the difference. Americans in the top 10% income bracket made up nearly half (49.2%) of total consumer spending during Q2, per an analysis of recent Federal Reserve data by Moody’s…

This story appeared on morningbrew.com, 2025-09-17 05:14:00.
The Entire Business World on a Single Page. Free to Use →