Consumers Trade Down and Retail Numbers Follow

March 14, 2008

Consumers are cutting back on the amount of items they are buying and looking more closely at the costs associated with each purchase. The results are seen in the 0.6 percent decline in retail sales for February.

Recent News

Waffle House Workers Strike for Fair Pay and Better Working Conditions

Waffle House workers in Conyers, Georgia, are now on their third day of striking over what they call the company’s unfair policies. Led by the Union of Southern Service Workers (USSW), Waffle House employees are demanding an end to the mandatory “meal credit” deductions from their paychecks, along with better wages and improved working conditions.