Equifax analysis; $30 trillion equity boom widens asset gap for lower-income households

• Equifax published an analysis describing a “K-shaped” economy in which higher-asset households experience asset-driven gains while other demographic groups face compounding financial stress.
• The report says lower-income and asset-light households are more sensitive to cumulative inflation in essentials, including groceries, rent, and utilities, which reduces discretionary spending capacity.
• It also cites limited exposure to stock-market gains and home-equity growth, referencing a USD 30.0 trillion equity boom that did not materially benefit these consumers.
• The analysis notes increased reliance on credit cards, personal loans, and Buy Now, Pay Later, with high interest rates raising monthly debt-carrying costs and increasing delinquency risk after unexpected expenses.
• Equifax segments the “lower arm” into the Vulnerable Middle, the Credit-Stretched, and the Deeply Impacted, linking the last group to minimal savings, high rent-to-income ratios, and higher incidence of auto repossessions and utility shut-off notices.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Equifax Inc. published the original content used to generate this news brief on March 25, 2026, and is solely responsible for the information contained therein.