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Published 18 days ago • loading... • Updated 18 days ago
What a $15 pint of ice cream says about the economy
Pandemic-era side hustles and wealth gains are fueling demand for premium pints as inflation and micro-indulgences reshape consumer spending.
In Hopkins, Minnesota, customers wait in line for $15 artisanal ice cream pints on an 80-degree day, reflecting a broader shift in how Americans spend money on premium "micro-indulgences."
The U.S. economy has evolved into a K-shape where high earners spend freely while others face a "white-knuckled squeeze" following inflation that hit a 40-year high over five years.
Sadboy Creamery founder Michael Kimball says customers seek an "elevated, intentional, thoughtful, quality experience," while Orono, Minnesota resident Mackenzie Angulo finds the price "worth it to support a small business."
Zach Vraa, who started A to Z Creamery as a pandemic side-hustle in 2020, says his mission is creating unique flavors "that can't typically be found at ice cream shops or grocery stores."
Fetch CEO Wes Schroll notes that "not everyone feels it," emphasizing that data reveals widely varying financial realities across American households despite the premium spending trend.
It's a sunny, windy day, with a temperature of 27 degrees Celsius in Mainstreet, and, along the block, there's a line of people waiting to pick up the ice cream cans they've ordered for about US$...