Am-Ex Study: Affluent Eating More Fast Food
ARI SHAPIRO, host:
And today's last word in business is gold finger-licking good.
A new study by American Express found that ultra-affluent consumers have spent nearly 25 percent more on fast food this year compared to last. The company defines ultra-affluent as those who charge more than $7,000 a month on their credit card. So converting that to Chicken McNuggets, these are people who could've charged about 20,000 Chicken McNuggets a month on their card.
American Express says even the wealthy are trying to cut back these days, just not on calories. It also found that spending was up on fine dining, but not by nearly as much.
And that's the business news on MORNING EDITION from NPR News. I'm Ari Shapiro.
STEVE INSKEEP, host:
And I'm Steve Inskeep.
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