K-shaped economy looks more like 'jaws of a crocodile,' economist says: What's...
Signs of rising financial stress, particularly among middle-income Americans, are warning flags about the U.S. economy’s health in 2026, experts say.
Spending growth for higher-income Americans remained relatively stable between January 2025 and January 2026, according to internal transaction data from Bank of America Institute released this week. However, spending growth slowed for lower- and middle-income households during that period.
In the so-called K-shaped economy, lower-income households are struggli
Signs of rising financial stress, particularly among middle-income Americans, are warning flags about the U.S. economy’s health in 2026, experts say.
Spending growth for higher-income Americans remained relatively stable between January 2025 and January 2026, according to internal transaction data from Bank of America Institute released this week. However, spending growth slowed for lower- and middle-income households during that period.
In the so-called K-shaped economy, lower-income households are struggli
2 months ago
