Middle income, major impact

2026

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AI-generated summary

1) Middle-income households are a significant driver of the US economy, contributing nearly a quarter of GDP and showing resilient spending growth across essential and discretionary categories.
2) * Key takeaways on middle-income spending share, GDP contribution, and resilience despite inflation.
* Analysis of spending patterns across various retail and service sectors.
* Examination of how after-tax wage growth compares to inflation and gasoline prices.
3) Middle income, spending, GDP, economy, inflation

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