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Lower Income Consumers Showing Signs of Strain, Says Sophia Drossos
Posted
April 30, 2026
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5:37Now PlayingUS economic growth accelerated at the start of the year, bolstered by a massive AI-driven upswing in business investment.
The report points to an economy that has so far held firm and is better positioned to withstand the fallout from the Middle East conflict, which is pushing oil prices sharply higher and disrupting global supply chains.
Sophia Drossos, Economist and Strategist at Point72, says that while the US consumer remains "surprisingly resilient," we're starting to see signs of strain in lower income groups.
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