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Moody's chief economist Mark Zandi warns: US economy is becoming “increasingly” unequal, leaving most Americans upset over ...
Mark Zandi, chief economist at Moody’s Analytics, has warned that America’s economic divergence remains ‘firmly intact’, with newly updated data showing the bottom 80% of earners losing ground against inflation while top earners dominate national consumption. Zandi’s estimates reveal that households in the top 20% of the income distribution — those earning over $175,000 annually — now account for nearly 60% of total spending.
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benzinga.com
Mark Zandi Says Top 20% Of Americans Now Account For Nearly 60% Of Spending As Bottom 80% Fall Behind Inf
Moody's flags a "firmly intact" K-shaped economy. The top 20% drives spending as 80% lose the battle with inflation.
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timesofindia.indiatimes.com
Moody's chief economist Mark Zandi warns: US economy is becoming “increasingly” unequal, leaving most Americans upset over ...
Mark Zandi, chief economist at Moody’s Analytics, has warned that America’s economic divergence remains ‘firmly intact’, with newly updated data showing the bottom 80% of earners…