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Rich Americans’ pullback in spending is hurting the economic recovery

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Jun 16, 2020

Since the coronavirus pandemic unfolded, many Americans have cut their spending.

But those earning the highest incomes have curbed their purchases the most, according to a new report, even though they were less likely to have lost their jobs or incomes.

Yahoo Finance article: https://money.yahoo.com/rich-americans-pullback-in-spending-is-hurting-the-economic-recovery-124949092.html

Copyright Yahoo

 

Published On: 06/21/2020 / Categories: Blog /
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