Welcome to the ‘E-shaped’ economy: Wealth gap is no longer between just high and low earners, the middle class is also struggling out on its own
For the past 12 months, investors and consumers had settled into the idea of a ‘K-shaped economy.’ Be it jobs or spending, the K-shape illustrated a growing divide between the fortunes of the wealthy and everyone else. Those at the top of the pile trended higher, while tho...
🔗 Read more: https://fortune.com/2026/02/12/e-shaped-economy-middle-lower-upper-class-k-shaped-economy-bank-america-data/
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fortune.com
Welcome to the ‘E-shaped’ economy: Wealth gap is no longer between just high and low earners, the middle class is also struggling out on its own
For the past 12 months, investors and consumers had settled into the idea of a ‘K-shaped economy.’ Be it jobs or spending, the K-shape illustrated a growing divide between the fortunes of the wealthy and everyone else. Those at the top of the pile trended higher, while those already struggling...
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