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, ...

Inflation decelerated but people are spending less and saving more as prices keep rising and wage growth slows. It’s worrying ...

India’s Gross Domestic Product (GDP) growth rate is expected to slow down further in 2025, Moody’s Analytics has said. In a report on Thursday, Moody’s said that India’s GDP growth rate ...

A new analysis shows that the top 10% of earners are behind almost half of all consumer spending, which is almost 70% of GDP.

Gross domestic product (GDP) growth across the Asia-Pacific (APAC) region is expected to slow to 3.7 per cent in 2025 from an ...

The top 10% of American households in terms of income earned are driving nearly half of all U.S. consumer spending, according ...

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

Moody's Analytics found. Zandi's analysis suggests that the growth in U.S. gross domestic product (GDP) is heavily reliant on the spending habits of the highest-earning Americans. He estimated ...

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 ...