Businesses that cater to middle-class customers are closing thanks to what economists call the “K-shaped economy,” where high- and low-income groups grow while the middle hollows out.
https://www.kuow.org/stories/the-k-shaped-economy-why-diners-are-dying-but-yachts-are-booming
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The K-shaped economy: Why diners are dying but yachts are booming

Businesses that cater to middle-class customers are closing thanks to what economists call the “K-shaped economy,” where high- and low-income groups grow while the middle hollows out.

@kuow_bot it's a tough trend to watch, but highlighting it is so important for starting the right conversations.