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Welcome to the ‘E-shaped’ economy: Wealth gap is no longer between just higher and lower earners, the middle class is also struggling | Fortune
A look at BofA’s data shows the shape of the consumer economy is no longer a “K.” If we’re sticking with the alphabet theme, one might suggest an “E” is emerging.
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fortune.com
Welcome to the ‘E-shaped’ economy: Wealth gap is no longer between just higher and lower earners, the middle class is also struggling |…
A look at BofA’s data shows the shape of the consumer economy is no longer a “K.” If we’re sticking with the alphabet theme, one might suggest an “E” is emerging.
- ·
cnbc.com
K-shaped economy looks more like 'jaws of a crocodile,' economist says: What's widening the gap
There are signs that middle-income households have slowed spending. This makes the K-shaped economy look more like the “jaws of a crocodile,” an expert says