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Americans now spend nearly half of their budgets on food and housing alone, the biggest share in 15 years | Fortune
Housing and food spending rose faster than inflation in 2025, just as consumer sentiment is stuck near all-time lows.
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Consumer sentiment is lower now than when inflation peaked at 9.1% — and the richest 10% of Americans account for half of consumer spending | Fortune
https://fortune.com/2026/10/30/consumer-sentiment-inflation-peak-richest-10-percent-half-consumer-spending/