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K-Shaped Economy Is Flattening | Business and Finance News
Published 1 week, 6 days ago
Description
The K-shaped economy might be flattening out—new data shows wage and spending gaps between income groups are narrowing, with lower- and middle-income earners seeing solid post-tax wage gains in July. While top earners still lead in spending, their earnings growth is slowing, and the overall trend signals a more unified consumer recovery.
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