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Is the US headed for a recession? Look at what richer Americans do on Black Friday - Vimarsana News

Is the US headed for a recession? Look at what richer Americans do on Black Friday

In the three months ahead of the all-important holiday shopping season, a group of retailers that cater to the upper middle class — including Apple, Coach and Nordstrom — saw its biggest sales drop in two years.

Is the US headed for a recession? Look at what richer Americans do on Black Friday - Vimarsana News

Is the US headed for a recession? Look at what richer Americans do on Black Friday

In the three months ahead of the all-important holiday shopping season, a group of retailers that cater to the upper middle class — including Apple, Coach and Nordstrom — saw its biggest sales drop in two years.

Is the US headed for a recession? Look at what richer Americans do on Black Friday - Vimarsana News

Is the US headed for a recession? Look at what richer Americans do on Black Friday

In the three months ahead of the all-important holiday shopping season, a group of retailers that cater to the upper middle class — including Apple, Coach and Nordstrom — saw its biggest sales drop in two years.

US recession? Look at what rich Americans do on Black Friday - Vimarsana News

US recession? Look at what rich Americans do on Black Friday

Rich Americans are curtailing their spending ahead of Black Friday, a worrisome sign for an economy that has so far depended on the US consumer to stave off a recession.

Is the US headed for a recession? Look at what richer Americans do on Black Friday - Vimarsana News

Is the US headed for a recession? Look at what richer Americans do on Black Friday

Richer Americans are curtailing their spending ahead of Black Friday, a worrisome sign for an economy that has so far depended on the US consumer to stave off a recession.