Income Inequality is Becoming an American Tradition

Eric Garland DataLab, Intelligence Report

Competitive Futures is studying how to understand the underlying factors of income inequality, and more importantly, what businesses can do to reverse the trend. These numbers represent customers after all.

The lowest-earners also increased their spending by the most, boosting their expenditures by 2.9 percent, to $22,981 on average. The bulk of those outlays (41 percent) went to housing.