Economics

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Big brands are officially worried about American shoppers (www.npr.org)

submitted 2 months ago* (last edited 2 months ago) by [email protected] to c/[email protected]

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[–] [email protected] 8 points 2 months ago (1 children)

But, but, but I just heard on CNBC on Friday that there is little to no change in consumer behavior? Chipotle seems to be the only company to admit they are seeing a slow down.... Aside from Tesla earnings seem to be great!!! /s

[–] [email protected] 1 points 2 months ago

An interesting statistic is that only 10 percent of consumers account for 50 percent of consumption. I imagine if trump manages not to upset these very important 10 percent, (which looks more unlikely every day, but who knows) a possible recession will not disrupt the whole system.