The Recession in America just hit McDonald's. Who is reporting a substantial decline in customer traffic in response to sky-high menu prices. With the cost of a Big Mac meal hitting nearly $20 in certain cities.
These increased prices a leading to lower-income consumers to stop coming to the restaurant according to McDonald's CEO. A signal that there is stress building across the US Economy as more and more consumers are unable to afford basic necessities. With food prices now at their highest level in 30 years relative to income.
These increased prices a leading to lower-income consumers to stop coming to the restaurant according to McDonald's CEO. A signal that there is stress building across the US Economy as more and more consumers are unable to afford basic necessities. With food prices now at their highest level in 30 years relative to income.
The Recession in America just hit McDonald's. Who is reporting a substantial decline in customer traffic in response to sky-high menu prices. With the cost of a Big Mac meal hitting nearly $20 in certain cities.
These increased prices a leading to lower-income consumers to stop coming to the restaurant according to McDonald's CEO. A signal that there is stress building across the US Economy as more and more consumers are unable to afford basic necessities. With food prices now at their highest level in 30 years relative to income.
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