
The Economic Powerhouses: America’s Richest Households Account for Almost Half of Total Consumer Spending, According to Moody’s Analysis
Top 10% of American Households: Driving Force Behind Half of U.S. Consumer Spending According to a recent analysis by Moody’s Analytics, the top 10% of American households in terms of income earned are responsible for nearly half of all consumer spending in the United States. This trend, which has been on the rise in the…