Upper 20% drives 60% of Spend. For bottom 80% spending flat or unchanged. Wage growth at 3.2% inflation at 3.4%. Wage growth for job switchers is 12.5% so the real wage growth is lower. So personal spending here needs context.
imissjohnprine.bsky.social
@imissjohnprine.bsky.social
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Former junkie, convict and a crappy soldier. My opinions are like my asshole, mostly undesirable. Go Bears. North & Pulaski native Whitey. Leave my bots alone, without them I'd be alone here.
