# K-shaped Recovery

Shattering the Illusion: How External Shocks Are Exposing America’s Invisible Poverty

Recent economic data and personal accounts reveal a widening gap between US macro-indicators and the financial reality of low-to-middle income families. The impact of the Iran conflict has exacerbated a 'K-shaped' divergence, where 62% of New Yorkers can no longer afford the basic cost of living despite being employed.