Consumer Spending Up, But Off Balance: Affluent, Not Middle Class Spending More

Consumer Spending Up, But Off Balance: Affluent, Not Middle Class Spending More

Increased consumer spending has fueled hopes that the current economic recovery will keep getting stronger, but behind the encouraging numbers is a little-noticed reality: Much of the new spending has come not from America's broad middle class but from a small slice of affluent people at the top.

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