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Is the US headed for a recession? Look at what richer Americans do on Black Friday

In the three months ahead of the all-important holiday shopping season, a group of retailers that cater to the upper middle class including Apple, Coach and Nordstrom saw its biggest sales drop in two years.

Is the US headed for a recession? Look at what richer Americans do on Black Friday

In the three months ahead of the all-important holiday shopping season, a group of retailers that cater to the upper middle class including Apple, Coach and Nordstrom saw its biggest sales drop in two years.

Is the US headed for a recession? Look at what richer Americans do on Black Friday

In the three months ahead of the all-important holiday shopping season, a group of retailers that cater to the upper middle class including Apple, Coach and Nordstrom saw its biggest sales drop in two years.

US recession? Look at what rich Americans do on Black Friday

Rich Americans are curtailing their spending ahead of Black Friday, a worrisome sign for an economy that has so far depended on the US consumer to stave off a recession.

Is the US headed for a recession? Look at what richer Americans do on Black Friday

Is the US headed for a recession? Look at what richer Americans do on Black Friday
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