Brian Fabes
6
MENTIONS
6
EPISODES
4
PODCASTS
Search complete. 6 mentions across 6 episodes found for "Brian Fabes".
Oct 13, 2026
JackieNARRATOR
Spending looks good.
JackieNARRATOR
And no one is happy, said Brian Fabes, senior fellow at the research group NORC at the University of Chicago.
JackieNARRATOR
Fabes attributed much of the spending to high earners, while Americans in the middle searched for value and those at the bottom scraped to get by.
JackieNARRATOR
For the poor, spending isn't actually a choice, Fabe said.
JackieNARRATOR
Spending looks good.
JackieNARRATOR
And no one is happy, said Brian Fabes, senior fellow at the research group NORC at the University of Chicago.
JackieNARRATOR
Fabes attributed much of the spending to high earners, while Americans in the middle searched for value and those at the bottom scraped to get by.
JackieNARRATOR
For the poor, spending isn't actually a choice, Fabe said.
Richard ChuHOST
Spending is up about 2.6% this year, even taking inflation into account.
Richard ChuHOST
So why does that make sense? Brian Fabes of the NRC at the University of Chicago says high earners are driving much of the trend.
Richard ChuHOST
They may there may be trouble ahead, though, according to a comment.
Richard ChuHOST
Economist Greg Deco warns that a slowing income growth and declining savings suggests some household spending capacity will become increasingly constrained.
JackieNARRATOR
A similar survey by research group The Conference Board turned in its lowest reading in twelve years last month.
JackieNARRATOR
"The macro numbers look good, spending looks good, and no one is happy," said Brian Fabes, senior fellow at the research group NORC at the University of Chicago.
JackieNARRATOR
Fabes attributed much of the spending to high earners, while Americans in the middle search for value and those at the bottom scrape to get by.
JackieNARRATOR
"For the poor, spending isn't actually a choice," Fabes said.
JackieNARRATOR
A similar survey by research group The Conference Board turned in its lowest reading in 12 years last month.
JackieNARRATOR
The macro numbers look good, spending looks good, and no one is happy, said Brian Fabes, senior fellow at the research group NORC at the University of Chicago.
JackieNARRATOR
Fabes attributed much of the spending to high earners, while Americans in the middle search for value and those at the bottom scrape to get by.
JackieNARRATOR
For the poor, spending isn't actually a choice, Fabes said.
Michael LibbieHOST
Spending is up about 2.6% this year, even taking inflation into account.
Michael LibbieHOST
So how does that make sense? Brian Fabes of NORAC at the University of Chicago says high earners are driving much of the trend.
Michael LibbieHOST
There may be trouble ahead, however.
Michael LibbieHOST
EY chief economist Gregory Dacco warns that slowing income growth and declining savings rates suggest household spending capacity will become increasingly constrained.