Who's Spending, Who's Not!
Per the chart, it shows you who is spending and who is not.
The highest-earning 20% of people in the US now account for a huge 40% of all consumer spending.
On the other hand, the lowest-earning 20% of people only account for 9% of consumer spending.
Even if you add up the bottom 40% of incomes in the US, they still only account for 22% of consumer spending, compared to 61% for the top 40%.