Bloomberg Surveillance · Monday, July 27, 2026
Savita Subramani notes a shift in the US economy where the higher-income cohort, previously strong, is now showing signs of struggle, evidenced by layoffs in high-paying tech jobs. Conversely, the lower-income segment is experiencing a boost, indicating a broadening of economic health.
“It's been an environment where the highest, the higher income cohort of the smp sorry of the US economy is not necessarily failing as healthy as they were a couple of years ago, whereas lower income is now getting a boost.”