The top 10% of earners — households making $250,000 a year or more — are responsible for 49.7% of all consumer spending.

Rich people buy more stuff. That has always been the case. But something's changing: America's wealthy are not just ...

The top 10% of American households in terms of income earned are driving nearly half of all U.S. consumer spending, according to a new analysis by Moody's Analytics.

The finances of the well-to-do have never been better, their spending never stronger and the economy never more dependent on ...

It said that India’s GDP is expected to grow 6.4% both in the 2025 and 2026 fiscal years. Talking about China, it said that ...

India's Gross Domestic Product (GDP) growth is set to shrink to 6.4 per cent in 2025, as compared to 6.6 per cent in 2024, ...

Gross domestic ... Angrick of Moody's Analytics. "But don't break out the champagne just yet. Japan's preliminary GDP figures ...

This will further benefit domestic manufacturers, particularly those producing two-wheelers, passenger vehicles, and white goods, it said. The rating agency has forecast a 6.6% gross domestic product ...

The nation’s gross domestic product ... prompting them to spend more, according to Moody's Analytics. Since more affluent Americans account for a disproportionate share of spending, their ...

US real gross domestic product increased at an annualized ... Matt Colyar, an economist for Moody's Analytics, told Business Insider before the publication of the new GDP data that the 2024 ...

The nation's gross domestic product grew at an annual rate ... chief economist at Moody's Analytics. "The economy is creating a boatload of jobs and unemployment is low," so shoppers have money ...

That compares with 7.8 per cent in 2023. Moody's analytics further added "The slowdown versus 2023 sets a cautious tone for 2025. With interest rates staying higher for long, domestic demand will ...