Research: U.S. middle class disappearing as richest get richer

As the gap between America's middle class and its richest households widens, retailers are increasingly adjusting their merchandise mix by adding high-end goods to appeal to the wealthy or more inexpensive items to attract families with limited incomes. In 2012, 5% of the wealthiest earners accounted for 38% of domestic consumption, according to research. In 1995, the figure was 28%.

View Full Article in:

New York Times (tiered subscription model), The

Published in Briefs: