Consumer Spending Slows: K-Shaped Economy in Action

US consumer spending sees modest rise in September, hinting at economic slowdown; wealthier households drive growth, but middle and lower-income families face challenges due to job market stagnation and tariffs, potentially leading to a K-shaped economy in the future. The Daily News Now! - Every city. Every story. AI Powered. Hosted on Acast. See acast.com/privacy for more information.