"Falsely believe"??!!-----The low-end consumer 'is really being stretched,' says Five Below CEO

The low-end consumer 'is really being stretched,' says Five Below CEO - Sean Conlon

"Lower-income U.S. consumers are feeling stretched with their spending, Five Below CEO Joel Anderson said Wednesday...

• “The lower-end customer is really being stretched...consumers were more discerning with their dollars, increasingly buying to need,” Anderson added. 
• The types of products they’ve been purchasing reflect this, he added, noting that consumers bought more in the company’s “consumable” categories such as candy, food and beverage, beauty and health and beauty aids.

...more than half of Americans falsely believe the country is in an economic recession...