GeneralBullishFortune Crypto · Jun 196/10
📰
Miserable K-shaped economy might actually be fading, as lower-income families bounce back, says Bank of America
Bank of America reports that the K-shaped economic divide between high and low-income families may be narrowing, with lower-income households showing signs of recovery. Job growth is broadening into blue-collar sectors like leisure, hospitality, construction, and manufacturing, potentially reversing the divergent economic trajectories that characterized the pandemic recovery.
