COUNTRY & REGION SPECIFIC

Middle-Class Crunch Leads to Consumer Cutbacks and Merchant Trade Downs

Individuals with annual incomes ranging from $50,000 to $100,000 could find themselves in a "squeeze" of middle-income predicament. This is due to the deceleration of inflation's growth even as it maintains an upward trajectory, combined with the stagnation of actual wages. Although these challenges impact all consumer groups, this particular…