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Don’t Worry About the Top 1% or the Bottom 99% – Worry About the Middle 60%

June 12, 2012 by Ted Leave a Comment

Federal Reserve Board LogoA new report from the Federal Reserve Board shines the light on why the economic recovery is so anemic – middle income families got hit the hardest in the recent financial industry collapse in 2007-2010. And with an economy that is 70% based on consumer spending…this is troubling news for those involved in selling consumer goods and services – such as the consumer electronics industry.

[Read more…] about Don’t Worry About the Top 1% or the Bottom 99% – Worry About the Middle 60%

Filed Under: Consumer Trends, Economic Trends, News, Research Tagged With: consumer spending, consumer survey, Fed, income, middle class, net worth

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Ted Green Bio

A former dealer, manufacturer, distributor & more. Focusing on business strategy, my goal is to help you make better decisions for greater success.

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