In contrast, high-income spending is still well below typical levels. After falling by 35% in early March, purchases have increased, but are still 10% lower than at the start of the year. High-income expenditures can’t fully rebound because many of the places where the rich spend are not open. Overall restaurant and bar spending is still down 32% from January, and entertainment and recreation spending decreased 48%. There is only so much the rich can spend on groceries, which is up 10%, and the only major spending category that has increased.

This story is part of a new series we’re trying, “The Thing,” in which we examine what a single chart can tell us about the global economy. 

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