Affluent Americans curb luxury spending

Affluent Americans went back to tightening their belts in June after months of showing other shoppers how to spend, raising concerns for the overall economy.

Affluent Americans curb luxury spending

Affluent Americans went back to tightening their belts in June after months of showing other shoppers how to spend, raising concerns for the overall economy.

Data released by MasterCard Advisors’ SpendingPulse shows luxury spending dropped in June for the first time since November.

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