Wealthy consumers account for a growing share of US spending, highlighting the lopsided strength of the economy. Consumers in the top 10% income distribution accounted for 49.2% of total spending in the second quarter, up from 48.5% in the first, according to Moody’s. That’s the highest level in figures going back to 1989. https://buff.ly/bAVAKbM
U.S. total business end-of-month inventories for July 2025 were $2,666.7 billion, up 0.2 percent (+/- 0.1 percent) from last month. U.S. total business sales were $1,948.2 billion, up 1.0 percent (+/- 0.2 percent) from last month. July 2025: +0.2 % Change in Inventories June 2025 (r): +0.2 % Change in Inventories
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