SURVEY: Upper-Income Spending Decline Could Signal Potential Economic Weakness

Bain & Company/Dynata Consumer Health Indexes report notes deterioration in upper-income consumer spending intent may herald broader consumer and economic weakness ahead.

Michael Webb | January 16, 2025

Better-off Americans scale back spending plans after December stock market declines hit investment portfolios, posing risks to the U.S. consumer outlook for 2025, analysis concludes.

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