The Starbucks Latte Index often gets cited as an indicator of whether consumers are cutting back on discretionary spending - if they give up expensive coffee
“„In a “disturbing” trend, Castro-Wright said Wal-Mart for the first time is seeing a paycheck-related spike in sales of baby formula, suggesting consumers are rushing to buy such necessities as soon as they have the cash.
“„“Most consumers are worried about: ‘Will I have enough to put food on the table so my family can eat?’” he told attendees of a luncheon sponsored by Town Hall Los Angeles.