The K-Shaped Economy: Why Consumer Spending Reveals a Growing Divide
As 2025 ends, the US economy shows a stark split: upper-income consumers thrive while lower-income households struggle with rising costs and job market pressures.
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The K-Shaped Economy: How Wealthy Americans Are Driving All the Growth
America's economy is increasingly K-shaped, with wealthy households driving growth while working-class families struggle. The top 10% now account for 50% of consumer spending.
Holiday Retail Sales on Track for First-Ever $1 Trillion Season
Holiday retail spending is on track to surpass $1 trillion for the first time ever. E-commerce led growth with a 7.8% increase, despite weakening consumer confidence.
Consumer Confidence Drops to 89.1, Lowest Level Since Tariffs Began in April
The Conference Board Consumer Confidence Index fell 3.8 points to 89.1 in December, the fifth straight monthly decline. Consumers' views on current conditions turned negative.
Consumer Confidence Edges Up in December, But Inflation Anxiety Persists
University of Michigan consumer sentiment rose to 52.9 in December but remains well below year-ago levels. Inflation expectations hit 11-month lows.
Holiday Retail Sales Set to Hit $1 Trillion for the First Time Ever
The 2025 holiday shopping season is on track to surpass $1 trillion in retail sales for the first time. Here's what's driving the milestone and what it means for investors.