Middle Class Squeeze: Couples Cut Back
Markets & Money Today | 2 Min News | The Daily News Now! - A podcast by The Daily News Now! - Duminică
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Newlyweds Brittany and Frank, earning over $100K, are feeling the pinch of inflation, high energy costs, and supply shortages. Theyve switched to budget shopping at Aldi and cut back on dining out. Across the board, shoppers are prioritizing essentials over luxuries, with Aldis popularity surging and fast-casual restaurants struggling. Economists warn of a middle-class crunch as wages stagnate and costs rise, highlighting the fragility of the current economic boom.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.
