How Consumers’ Belt-Tightening Could Impact Health/Care – Insights from Deloitte’s Retail Team
Health Populi
MAY 31, 2019
Over the ten years between 2007 and 2017, U.S. consumer spending for education, food and health care substantially grew, crowding out spending for other categories like transportation and housing. Furthermore, income disparity between wealthy Americans and people earning lower-incomes dramatically widened: between 2007-2017, income for high-income earners grew 1,305 percent more than lower-incomes.
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