Middle and lower income earners are 'trying to stretch the dollar' says St Louis Fed economnist
The Federal Reserve Bank of St. Louis gathers data from the region about the current state of the economy.
Megan Lynch is joined by Senior Economist Charles Gascon on a regular basis for a look at the 'Beige Book'.
He says there is a distinct difference between lower and middle income earners, who are looking for deals, and high income earners who are still spending, despite inflation.
Middle and lower income earners are 'trying to stretch the dollar' says St Louis Fed economnist
The Federal Reserve Bank of St. Louis gathers data from the region about the current state of the economy.
Megan Lynch is joined by Senior Economist Charles Gascon on a regular basis for a look at the 'Beige Book'.
He says there is a distinct difference between lower and middle income earners, who are looking for deals, and high income earners who are still spending, despite inflation.