Moody's Analytics Chief Economist Mark Zandi talked about how U.S. economic growth increasingly depends on spending by high-income earners.

A new analysis shows that the top 10% of earners are behind almost half of all consumer spending, which is almost 70% of GDP.

The top 10% of earners — households making $250,000 a year or more — are responsible for 49.7% of all consumer spending.

Rich people buy more stuff. That has always been the case. But something's changing: America's wealthy are not just ...

The US economy is more reliant on the richest Americans than ever before. The top 10 percent of earners - households making ...

The top 10% of American households in terms of income earned are driving nearly half of all U.S. consumer spending, according to a new analysis by Moody's Analytics.

It said that India’s GDP is expected to grow 6.4% both in the 2025 and 2026 fiscal years. Talking about China, it said that ...

India's Gross Domestic Product (GDP) growth is set to shrink to 6.4 per cent in 2025, as compared to 6.6 per cent in 2024, ...

Moody's operates through two main segments: Moody's Analytics (MA) and Moody's Investors Service (MIS). MA provides integrated services for risk management, delivering financial intelligence and ...

This will further benefit domestic manufacturers, particularly those producing two-wheelers, passenger vehicles, and white goods, it said. The rating agency has forecast a 6.6% gross domestic product ...

Financial services firm Moody’s has warned Asda’s credit rating is ... store experience and product availability. “The Asda team still needs to demonstrate a strong execution track record ...