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6 days agoRising Income Gap Pressures U.S. Middle Class as Firms Tighten Outlook
A new Reuters survey shows widening income inequality in the U.S. as middle-income households cut discretionary spending amid high living costs. Retailers and automakers reported weaker Q4 guidance as consumers prioritize essentials over durable goods. Economists warn persistent inflation in services and housing could slow real wage growth, adding pressure on policymakers ahead of 2026 budget discussions.
negative
6 days agoRising Income Gap Pressures U.S. Middle Class as Firms Tighten Outlook
A new Reuters survey shows widening income inequality in the U.S. as middle-income households cut discretionary spending amid high living costs. Retailers and automakers reported weaker Q4 guidance as consumers prioritize essentials over durable goods. Economists warn persistent inflation in services and housing could slow real wage growth, adding pressure on policymakers ahead of 2026 budget discussions.
negative
Rising Income Gap Pressures U.S. Middle Class as Firms Tighten Outlook
6 days ago
1 min read
57 words
Income inequality in the U.S. is widening as middle-income households reduce discretionary spending, pressuring retailers and manufacturers heading into Q4.
A new Reuters survey shows widening income inequality in the U.S. as middle-income households cut discretionary spending amid high living costs. Retailers and automakers reported weaker Q4 guidance as consumers prioritize essentials over durable goods. Economists warn persistent inflation in services and housing could slow real wage growth, adding pressure on policymakers ahead of 2026 budget discussions.
A new Reuters survey shows widening income inequality in the U.S. as middle-income households cut discretionary spending amid high living costs. Retailers and automakers reported weaker Q4 guidance as consumers prioritize essentials over durable goods. Economists warn persistent inflation in services and housing could slow real wage growth, adding pressure on policymakers ahead of 2026 budget discussions.
Tags:
U.S. economy
income inequality
U.S. economy
income inequality
inflation
consumer spending
policy
Oct 24, 2025 • 20:32 IST