high-income

Consumer spending remains solid, supported largely by high-income households even as lower- and middle-income Americans pull back.

After months of tracking high-income earners’ increasing confidence about the economy, households making between $50,000 and $100,000 made an abrupt about-face in June.

That explanation misses a crucial shift: middle- and high-income Americans are still splurging, just not on legacy labels.

And that is true for all immigrants, not just high-income, educated immigrants.

According to the report, as of February this year, at least 86 million e-cigarette users were adults, mostly in high-income countries.