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

Richer Americans curtailed their spending before Black Friday, a worrying sign for an economy that has so far depended on the consumer to stave off a recession.

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Black Friday 2023: Is the US heading for a recession? Watch the rich on this sales holiday

The upper middle class powered a spending boom that kept the economy afloat, but there are increasing signs of a slowdown.

United statesLeslie pattonKayla bruunSimon schluterJulie robinson jasperAbercrombie fitchAmerican eagle outfittersBest buyRicher americansBlack fridayBloomberg second measureMorning consultAmerican eagleWest elm

Rich Americans shopping on Black Friday will hint at the likelihood of a recession

Rich Americans shopping on Black Friday will hint at the likelihood of a recession
crainsnewyork.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from crainsnewyork.com Daily Mail and Mail on Sunday newspapers.

United statesRicher americansBlack fridayBloomberg second measure

Black Friday shopping by wealthier Americans could be recession signal

Black Friday shopping by wealthier Americans could be recession signal
crainscleveland.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from crainscleveland.com Daily Mail and Mail on Sunday newspapers.

United statesRicher americansBlack fridayBloomberg second measure

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

Richer 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.

United statesNew yorkGarden cityKayla bruunEdel osullivanMike karanikolasLowe cosBre clintonTaylor swiftJulie robinson jasperWest elmAmerican eagle outfitters incKohl corpCensus bureauFederal reserveAbercrombie fitch co

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