TITLE

The shape of things to come

AUTHOR(S)
Steidtmann, Carl
PUB. DATE
April 2008
SOURCE
Progressive Grocer;4/15/2008, Vol. 87 Issue 5, p66
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article discusses the trends that are likely to affect the U.S. food business during the recession. In a recession, consumers will tend to cut their debt and increase their amount of savings, thus shrinking the share of economic growth in developed economies going to consumer spending. The biggest downside of rising prices is that they generally rise more slowly than costs, putting downward pressure on margins.
ACCESSION #
31957376

 

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