Recently, The Economist covered the topic of income inequality in the U.S. According to research, 18.3% of the U.S. population hold 85% of the country’s wealth. The last time the country saw comparable stats was in 1929 when roughly 18.4% of individual in the U.S. held the same share of the nation’s income. A related NPR story reported that the bottom 40% of earners generate 0% of America’s income.
What does this mean to the fitness industry? (more…)
