MEDIUMBusinessTier 1
What keeps spending up during economic downturn?
SourceAmerican Dental AssociationTier 1Hard News
Originally at news.google.com
Summary & scoring by The Bell Brief (Dr. Jennifer Bell) using the Drill-Down Protocol (Drill-Down Score) — not the original publisher.
Why it matters for dental
Practice owners and DSOs should track household spending trends because patient demand for elective dental services can shift when higher-income earners maintain spending while lower-income households cut back.
Key points
- Forbes survey found Americans reported frustration with rising cost of living.
- Separate report stated spending rose after inflation adjustment.
- Economists described an E-shaped economy where wealth, wages, and side income each support spending.
- Data showed more than 5% of employees held supplemental income sources.
Who should care
OwnerDSO
Read the original on ADA News
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