Lower-income consumer spending has held up despite rising delinquencies, Goldman Sachs says

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Lower-income consumer spending has held up despite rising delinquencies, Goldman Sachs says
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Stores with lower-income customers saw better Q2 same-store-sales than those with higher-income customers.

-- Shortly after taking the most important job in German industry, Volkswagen AG Chief Executive Officer Oliver Blume got some bad news.

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