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 339: From Keynes to Krispy Kreme: The Economics of Unsustainable Indulgence
Paulitical Economy™
49 minutes
1 week ago
Post 339: From Keynes to Krispy Kreme: The Economics of Unsustainable Indulgence
A look at social security in the US.It will be insolvent within ten years in large part because deductions from payroll to pay for social security are consumed rather than invested.Krispy Kreme is experiencing consumer demand that is softer than their donuts.And a look back.Sales for Gucci and Yves St. Laurent are less bad.And they sign a new deal with L’Oreal.L’Oreal continues to grow its like-for-like sales.And has been a solid long-term investment.Nestle announces thousands of layoffs.And ...
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 ...
