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

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

NEW YORK (AP) — 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. It’s the culmination of everything getting more expensive amid high inflation, even if it’s not as bad as before, and the drag …

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

Cracks are showing in one of the main pillars keeping the economy out of a recession: resilient spending by U.S. households

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

Cracks are showing in one of the main pillars keeping the economy out of a recession: resilient spending by U.S. households.

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

Cracks are showing in one of the main pillars keeping the economy out of a recession:...

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

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

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

Cracks are showing in one of the main pillars keeping the economy out of a recession: resilient spending by U.S. households