Skip to main content
  • Home
  • Financial
  • Total card spending converged further across income groups in July

Total card spending converged further across income groups in July

Picture

Member for

1 year 7 months
Real name
The Economy Graphics
Bio
The Economy Graphics is a dedicated visual research team for The Economy, responsible for producing high-quality data charts, analytical graphics, and visual summaries that support the publication’s coverage of global economic, financial, technological, and policy developments. Drawing on data from research articles, public datasets, institutional reports, and The Economy’s own research team, the account transforms complex information into clear, structured, and publication-ready visual materials.

Its work emphasizes accuracy, methodological transparency, and visual consistency across The Economy’s editorial ecosystem. By translating quantitative findings and research-based insights into accessible charts and data-driven visuals, The Economy Graphics serves as a foundation for The Economy Intelligence, helping readers understand market structures, institutional trends, and long-term economic shifts through evidence-based visual analysis.

Modified

Note: In July, lower-income households’ after-tax wage growth surpassed that of higher-income households for the first time since December 2024, further narrowing the gap in card-spending growth.

Related Articles: Wages, Generational Wealth and AI Investment Reshape the US Economy, Shifting It From a ‘K-Shape’ to ‘C- and G-Shapes’ | The Economy

Picture

Member for

1 year 7 months
Real name
The Economy Graphics
Bio
The Economy Graphics is a dedicated visual research team for The Economy, responsible for producing high-quality data charts, analytical graphics, and visual summaries that support the publication’s coverage of global economic, financial, technological, and policy developments. Drawing on data from research articles, public datasets, institutional reports, and The Economy’s own research team, the account transforms complex information into clear, structured, and publication-ready visual materials.

Its work emphasizes accuracy, methodological transparency, and visual consistency across The Economy’s editorial ecosystem. By translating quantitative findings and research-based insights into accessible charts and data-driven visuals, The Economy Graphics serves as a foundation for The Economy Intelligence, helping readers understand market structures, institutional trends, and long-term economic shifts through evidence-based visual analysis.