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Soaring Luxury Market Poised for a Fall
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Soaring Luxury Market Poised for a Fall

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Demography Unplugged
Jun 13, 2022
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Demography Unplugged
Demography Unplugged
Soaring Luxury Market Poised for a Fall
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Photo by Laura Chouette on Unsplash

Wealthy U.S. consumers are helping to keep the luxury goods market afloat. Spending was up +47% in 2021 compared to 2019 and has continued to grow among higher-income consumers. 

—The Wall Street Journal

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