45 Percent Of Americans Spending More Than They Did Last Year
As unemployment trends downward, attention has turned to wage stagnation this summer as analyst wonder what will happen if we get back to full employment but people don’t feel like they have money to spend. According to a new Gallup poll 45% of Americans are spending more now than they were a year ago, and millennials are more likely than other groups to have increased their spending. That’s good news for business, but maybe not so great for the millennials themselves.
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