The Fast-Food Spending Index is Falling Fast
By
Dean Baker
3d ago
Source
Radio FreeThe Fast-Food Spending Index is Falling Fastradiofree.orgFor the last several years I’ve been using real spending at fast food restaurants as a gauge for assessing how the non-rich are feeling about their personal finances. The logic is that it is a type of discretionary spending where people can easily make cutbacks if they are feeling squeezed. Also, it should not be More The post The Fast-Food Spending Index is Falling Fast appeared first on CounterPunch.org .
You might also wanna read
Fast Food - Changes
MacRumors·9h ago

McDonald's Q2 Misses Estimates but Stock Surges; Analyst Argues Fast Food Has Become a Premium Product for Upper-Middle Class
McDonald's missed Q2 earnings estimates as consumers reduce dining out, yet the stock surged $10, indicating market confidence. The article
greyenlightenment.com·1mo ago
Rising Costs of Groceries, Housing, and Health Care Cause Financial Stress for Many
The article highlights the financial stress experienced by many people due to rising costs of groceries, housing, and health care. About hal
apnorc.org·11mo agoUS consumers show subtle spending shifts as high fuel prices persist, retailers report
U.S. consumers are showing subtle but noticeable shifts in spending behavior as high fuel prices and inflation persist. While overall spendi
Food and grocery retailers expected to outperform discretionary retail in Q3 amid cautious consumer spending
Food and grocery retailers are expected to outperform discretionary retail segments in Q3 as consumers remain cautious and prioritize essent
McDonald's Faces Declining Low-Income Customer Base Amid Economic Pressures
McDonald's is experiencing a decline in low-income customers due to economic pressures including rising prices for groceries, apparel, rent,

Comments
Sign in to join the conversation.
No comments yet. Be the first.