Infographic of the Day: What Happened to the Middle Class?

June 12th, 2014
in News, econ_news, syndication

Restaurants like Olive Garden and Red Lobster are struggling, while high end dining is flourishing.

Follow up:

At GE, demand for high-end dishwashers is racing ahead of sales growth for mass-market models. This leaves the question, what happened to the middle class? Generally the Middle-Class is thought of as making less than $100,000 a year, but middle-income distribution isn’t close to that. Many of our middle class skilled workers are being sought in emerging markets. The global middle class for emerging markets starts at $10 a day.

(click here for larger image)

Middle Class
Source: BestMSWPrograms.com

 

 









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