Skip to content
Subscriber Only
Markets
Economics

Private Jets Out, TVs In as U.S. Growth Benefits Spread: Economy

Updated on

The benefits of the U.S. recovery that began more than five years ago are flowing downward.

Lower-wage workers saw bigger pay gains over the past year than the highest earners, reversing the trend from earlier stages of the recovery, according to economists at RBS Securities Inc. and Goldman Sachs Group Inc. While the improvement is nascent and minimal, the plunge in fuel prices is magnifying the effects.