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Published 11 days ago

Despite numbers showing a healthy economy overall, lower-income spenders are showing the strain

Summary
Cracks are showing in one of the main pillars keeping the economy out of a recession: resilient spending by U.S. households. Consumer goods giants from PepsiCo to Kraft Heinz have described recently how the combination of high inflation and higher interest rates is hurting their lower-income customers.

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  • 57% of the sources are Center
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