Mark Zandi, an economist at Moody's, stated that high earners are continuing to drive spending in what he describes as a K-shaped economy, which he asserts remains 'firmly intact.' This statement was made in a report published on June 23, 2026.
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Moody's Economist Reports on K-Shaped Economy
Mark Zandi, an economist at Moody's, indicated that high-income individuals are contributing significantly to spending, suggesting that the K-shaped economy is still stable. His comments were made in a report dated June 23, 2026.
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Original Headline
K-shaped economy is still ‘firmly intact,’ Moody’s economist says
Neutral Headline
Moody's Economist Reports on K-Shaped Economy