US Economy Wobbles as Middle Class Cuts Spending

1 min read
Source: Yahoo Finance
US Economy Wobbles as Middle Class Cuts Spending
Photo: Yahoo Finance
TL;DR

The US economy appears resilient due to high-income households driving growth, while middle and lower-income groups are pulling back on spending amid rising costs and layoffs, creating a fragile 'Jenga tower' scenario that increases recession risks.

Share this article

Want the full story? Read the original reporting

Read on Yahoo Finance