As the U.S. economy moves toward 2026, consumer spending growth is increasingly concentrated among high-income households. Board’s February Economic Outlook explores how this K-shaped dynamic reshapes risk, volatility, and planning assumptions for business leaders.
Rather than broad-based income gains, today’s expansion is being driven by AI-fueled asset appreciation—creating momentum, but also vulnerability if markets correct.
In this outlook, you’ll learn:
- Who is driving consumer spending growth today
- Why wealth effects matter more than wages
- Where the biggest downside risks lie for 2026
- Which indicators leaders should monitor closely
Why this matters:
Concentrated growth requires more agile, data-driven planning—and Board helps organizations turn economic signals into confident decisions.
