Manufacturing in the US has been contracting for most of the last three years.Chipotle has a younger customer base that is struggling economically and thus eating at home more often.Its share price is down 47% this year.Starbucks comparable sales finally turn positive – just.Introducing the PM Loser Index.McDonald’s sales tick down a bit but still in positive territory.Traffic from low-income consumers was down almost 10%.Inflation pressuring margins but profitability still rose.Clorox sales ...
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Manufacturing in the US has been contracting for most of the last three years.Chipotle has a younger customer base that is struggling economically and thus eating at home more often.Its share price is down 47% this year.Starbucks comparable sales finally turn positive – just.Introducing the PM Loser Index.McDonald’s sales tick down a bit but still in positive territory.Traffic from low-income consumers was down almost 10%.Inflation pressuring margins but profitability still rose.Clorox sales ...
Post 336: “Truckloads, Tax Loads, and the Working-Class Squeeze”
Paulitical Economy™
35 minutes
1 month ago
Post 336: “Truckloads, Tax Loads, and the Working-Class Squeeze”
PACCAR is one of the leading truck manufacturers in the U.S.A look back.New truck deliveries are down 13.5% from pre-COVIDJ.B. Hunt is one of America’s largest trucking companies and its sales growth has finally nudged into positive territory.And no, supply chain bottlenecks did not cause the inflation of 2022.UPS sales growth in the US returns to negative territory.But Fedex’s sales accelerate.Mortgages in Canada are renewing at much higher rates.Inflation has a much greater impact on the wo...
Paulitical Economy™
Manufacturing in the US has been contracting for most of the last three years.Chipotle has a younger customer base that is struggling economically and thus eating at home more often.Its share price is down 47% this year.Starbucks comparable sales finally turn positive – just.Introducing the PM Loser Index.McDonald’s sales tick down a bit but still in positive territory.Traffic from low-income consumers was down almost 10%.Inflation pressuring margins but profitability still rose.Clorox sales ...
