People shop at a grocery store in Brooklyn on May 13, 2025 in New York City."Survey results indicated a notable bifurcation," JPMorgan's Matthew Boss, a widely followed and respected consumer analyst, wrote in a Tuesday note to clients.This release adds to a growing body of qualitative and quantitative evidence showing the U.S. economy is in a "K-shape," a term used by economists to describe the deviation in economic experiences by income. In other words, it can explain why well-off Americans are continuing ...