Uploaded March 2026 | Updated September 2026, 25 minutes ago
The idea of the "K-shaped economy" seems to be everywhere lately. But is it in the data? Senior Economics Writer Jeff Horwich set off in pursuit of the "K," pulling together available sources on U.S. consumers. The upshot? The K-shaped trend is far from clear. minneapolisfed.org/article/2026/have-us-consumers-gone-k-shaped-a-review-of-the-data
The idea of the "K-shaped economy" seems to be everywhere lately. But is it in the data? Senior Economics Writer Jeff Horwich set off in pursuit of the "K," pulling together available sources on U.S. consumers. The upshot? The K-shaped trend is far from clear. minneapolisfed.org/article/2026/have-us-consumers-gone-k-shaped-a-review-of-the-data










