Thursday, August 9, 2012

WSJ: "McDonald's Global Sales Falter"


August 9, 2012 p. B5 by A. Gasparro & C. Stevenson. The Wall Street Journal

Symptom of economic contraction?

[Excerpted] "In the U.S., McDonald's July same-store sales decline was the worst performance it has seen in 2 1/2 years, indicating that Americans are spending less money snacking and eating out...."

No specific information is provided for other countries other than those sales edged up ever so slightly, keeping global sales figures from dropping overall (because of the US drop).



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